'We are going to have to make decisions to invest today', says Arancha González Laya

Across Europe, people are being hit by increased food, fuel and electricity bills. Even before the war in Ukraine started, the price of energy was rising. European leaders insist they will not waver in their support to Ukraine. They admit that helping Kyiv will come at a cost to European consumers. But what sort of cost, and potentially for how long? Arancha Gonzalez Laya has had top jobs in the field of international trade at the European Commission, the World Trade Organization, and at the United Nations. She also served as Spain's foreign minister from 2020 to 2021, a period marked by a diplomatic crisis with Morocco. She is now the Dean of the school of politics and international studies at Sciences Po university in Paris – and the first woman to lead that school. She spoke to FRANCE 24 about the economic challenges facing Europe.

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