EBRD's Javorcik on Europe's Energy Crunch

The video discusses the economic impact of the Nord Stream sabotage and potential gas supply cuts from Russia on Europe, particularly emerging Europe. It highlights the challenges of heating homes, inflation risks, and the impact on industries. The European Bank for Reconstruction and Development is providing support to Ukraine and other affected countries. Inflation may rise further, and fiscal space is constrained due to increased borrowing costs.

What are the concerns regarding the ability of German industry to operate without sufficient gas supplies?

In what ways could higher inflation manifest in countries that have not yet felt the impact of rising electricity prices?