As the heat of Summer intensifies around the European continent, it is not just the scorching sun which is raising temperatures all around. As the war in Ukraine enters its fifth month, Europe continues to grapple with energy and inflationary crisis that is seriously endangering post-pandemic recovery efforts. While most EU countries have initially rallied in support of Ukraine, as countries deal with increasing oil and food prices as well as rising inflation, faultlines are starting to appear among Kyiv's friends. In this edition of Corporate Dispatch Pro, we take a snapshot of the geopolitical situation around the continent and its economic permutations. In parallel, this edition seeks the view of a number of local stakeholders on the way ahead during these turbulent times as the Maltese economy seeks to regenerate itself following the challenges of the past years.