The European Commission has approved a €1 billion (approximately HUF 379 billion) Hungarian scheme to support companies facing increased energy costs in the context of Russia's war against Ukraine.
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The European Commission has approved a €600 million Slovak scheme to support companies facing increased energy costs in the context of Russia's war against Ukraine.
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The chart of the week shows how surging energy costs have boosted inflation, especially in Europe, after fossil-fuel prices nearly doubled in the past year. Rising food prices have also helped to boost inflation.
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