The cost-of-living crisis triggered by the Russia-Ukraine conflict, the resulting shortage of fossil fuels, and skyrocketing oil and natural gas prices have developed fears for their financial future Eurobarometer survey (2023).
Due to inflation, pay rises have fallen, and the increase in living costs, people are becoming poorer, and many are now becoming increasingly worried about the future (Chinadaily.com, 2023). More info available at: https://global.chinadaily.com.cn/a/202301/14/WS63c1ecb7a31057c47eba9892.html