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Russian economic growth ‘strong’ – IMF

The country has enjoyed a rebound in consumption and an uptick in real wages, analyst Alfred Kammer has said The Russian economy will keep growing steadily in 2024, the head of the IMF’s European Department has predicted.

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Europe’s largest gas field shuts down

The Netherlands officially shut down the Groningen gas field on Friday after the authorities approved a permanent halt to drilling operations at the site to limit seismic risks in the northern region.

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ECB may force EU banking major out of Russia – Reuters

Italy’s UniCredit could reportedly face sanctions for continuing to do business in the country The European Central Bank (ECB) is planning to require UniCredit, Italy’s second-largest bank, to limit its business in Russia, Reuters reported on Friday, citing two unnamed people with knowledge of the discussions.

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