World bank sees russian inflation slowing below 4 pct by year-end, near 4 pct in 2018-2019

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23 May 2017

World bank sees russian inflation slowing below 4 pct by year-end, near 4 pct in 2018-2019

Russia's longer-term growth prospects constrained by low productivity
Sees crude oil price averaging $55/bbl in 2017, $60 in 2018, $61.5 in 2019
Higher oil prices, oil output growth seen driving russian economic recovery
Sees russian economy growing 1.3 pct in 2017, 1.4 pct in both 2018 and 2019

Greek government spokesman says Greece will exhaust all efforts for a clear solution on issue of debt restructuring

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