Following Russia’s invasion of Ukraine, the EU adopted a number of sanctions in an attempt to immobilize the war effort. These sanctions will have an impact on the EU’s own economies. How will they affect inflation? What fiscal and monetary policies will the EU have to consider to get Europe through this new crisis?

Guntram B. Wolff invites Luis Garicano and Jean Pisani-Ferry to unpack these and other questions in this exceptional episode of the Sound of Economics Live.