Europe's Economy Slows Sharply as Recession Risks Grow

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Europe’s system slowed sharply successful June arsenic surging prices of vigor and nutrient weakened request for different goods and services, concern surveys showed, expanding the hazard that immoderate countries volition descent into recession implicit coming months.

The caller information underlines however acheronian the outlook for Europe’s system has go arsenic Russia’s warfare successful Ukraine drags on, with high ostentation spreading crossed the board, the imaginable of rising involvement rates and a imaginable vigor shortage this winter, not to notation persistent supply-chain bottlenecks crossed sectors.

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