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Eurozone Recovery Picks Up Speed but Ukraine War Threatens Deep Contractions
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wsj.comEconomic growth in the eurozone accelerated during the three months through June even as Russia’s invasion of Ukraine sent energy and food costs surging and shattered household and business confidence, but cuts to supplies of natural gas threaten to push it into contraction over coming months.
The world’s third-largest economy was buoyed by the lifting of most pandemic restrictions during the first half of the year, which helped it grow at a faster-than-expected clip despite higher energy costs and continued blockages in supply chains.
Read more on wsj.comAbout this in other media
Ukraine war: Zaporizhzhia bombed, more military aid, Swiss 'no longer' neutral euronews.com /2 years ago
Ukraine war: Belarus denies reports of 8 explosions at airbase that 'often' hosts Russian jets euronews.com /2 years ago
Ukraine war: Latvia MPs declare Russia a 'state sponsor of terrorism' euronews.com /2 years ago
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