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The Economic Times

Global Business / The Economic Times

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Developing countries in Europe, Central Asia face slowdown, World Bank says

Economies in Europe and Central Asia are set for a slowdown this year. A conflict in the Middle East has caused energy prices to surge. This impacts businesses and consumers. While some energy exporters may see temporary gains, most nations are importers. They face increased financial pressure. Growth across the region is projected to decrease.

8 Apr 2026 6:41 pm