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    Russia seeks ways to avoid recession

    euronews (in English)

    by euronews (in English)

    As Russia's Economy Ministry warned the country risks sliding into recession, how to avoid that was a main focus of a major investment forum in Moscow.

    GDP growth in the first quarter was just one percent. That was way down on the government's five percent forecast.

    A weak Europe has cuts back on energy use, that highlights a lack of the promised diversification of Russia's economy: