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Food trade balance deficit widens to 378.6 MD (ONAGRI)
The food trade balance posted a deficit of 378.6 million dinars (MD) in February compared to 180.6 MD in the same period last year, the National Observatory of Agriculture (French: ONAGRI said onWednesday. The coverage rate stood at 74.6% against 83.3% in 2021.
Outstanding debt: financial institutions urged to reach indicators recorded in MENA region
Developing and implementing a strategy to deal with outstanding debt over a period of five years, starting from 2022, is a new challenge for banks and financial institutions, said Finance Minister Sihem Boughdiri Nemsia.
Ifo slashes German growth forecast for 2022 due to Ukraine war
German growth will be weaker than expected this year due to the effects of Russia's invasion of Ukraine which will also push up inflation in Europe's biggest economy, the Ifo institute said on Wednesday.
France’s TotalEnergies to quit Russian oil supply contracts
French oil major TotalEnergies (TTEF.PA)said on Tuesday it would not renew its Russian gasoil and crude oil supply contracts for its German refinery, but would source gasoil from Saudi Arabia and crude via Poland instead.
Putin wants ‘unfriendly’ countries to pay for Russian gas in roubles
Russia will seek payment in roubles for gas sales from "unfriendly" countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region's energy crunch.