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  • Ban On Russian Gas Would Plunge Germany Into Recession Warns Bundesbank

Ban on Russian gas would plunge Germany into recession, warns Bundesbank

Ban on Russian gas would plunge Germany into recession, warns Bundesbank

Ban on Russian gas would plunge Germany into recession, warns Bundesbank
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While the European Union has already banned Russian coal and is preparing an embargo on its oil, plans for a gas boycott have stalled in part due to the concerns of Germany, which has warned that a recession on its own terrain could have devastating knock-on effects across the European Union.

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