Real Economy: War, pandemic and climate to top agenda at Brussels Economic Forum 2022
![Valdis Domrovskis speaks about the economic fallout of Russia’s war in Ukraine ©European Union](https://ec.europa.eu/newsroom/repository/picture/2022-18/photonews4257_zMUpe3jC4CHEEapLi3SUq25tmXU_94784.jpg)
date: 05/05/2022
Real Economy also speaks to the European Commission’s Executive Vice-President Valdis Dombrovskis and the IMF’s Deputy Managing Director Gita Gopinath about the economic fallout of the Russian military aggression against Ukraine. Executive Vice-President Valdis Dombrovskis notes that stopping the war in Ukraine “is an aim which we must pursue on its own right. But it's also clear that the faster we stop the war, the better it allows also economy to recover.” He urges Member States to put the financing available through the Recovery and Resilience Facility to good use. Executive Vice-President Dombrovskis also emphasises that “we must move away from our dependency on Russia’s fossil fuels” and that doing so can help Europe to reach its twin climate goals of 55% reduction by 2030 and climate neutrality by 2050. The BEF, to be held on 17 May, has been running for over 20 years and, as 2022 is the European Year of Youth, this year it will address the theme “The future is now: which economy for the next generation?”. To answer that question, Real Economy spoke with some young economists and politicians who will be present at this year’s BEF.