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European sanctions weakened the Russian economy

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European sanctions weakened the Russian economy
The European Union has announced that the sanctions imposed against Russia have had a significant impact on the economy. This was reported by Zamin.uz.

The European Commission's report noted that Russia's gross domestic product has decreased significantly compared to a scenario without sanctions. Since 2022, the flow of foreign investments into the Russian economy has sharply declined, and technological problems have intensified.

It was emphasized that export revenues in the energy sector have significantly decreased, leading to an increase in budget deficits. Nevertheless, growth in domestic production has been observed in some sectors, but overall economic stability has weakened under the influence of European Union sanctions.

Experts believe that this process could hinder Russia's economic growth in the long term. The European Union is closely monitoring this situation and has indicated that there is a possibility of further complications in the economic situation.

Reducing the impact of sanctions remains an important task for restoring the stability of the Russian economy
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