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Euro zone faces deeper recession due to gas cuts, Deutsche Bank says

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(Bloomberg) – The euro zone is facing a deeper recession than previously forecast after Russia halted economic activity 1000 Natural Gas According to Deutsche Bank Economists Said, delivered via the Nord Stream 1 pipeline.

due to ongoing supply chain disruptions , a tight labor market and a weaker euro offset the worsening economy. 100400 Deutsche Bank ( ETR:

DBKGn) still expected The European Central Bank will raise the deposit rate to 2.5% by the end of the first quarter. ©13 Bloomberg LP

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