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Moscow

World news about “Moscow” published by euronews.

03/02 15:07 CET

Russian recession set to deepen says central bank

Russian recession set to deepen says central bank

Russia’s economy is set to dip deeper into recession according to the latest central bank forecasts. With substantially lower oil prices slashing state revenues, the central bank said the economy could shrink by about 1.0 percent in the first three months of this year…