Economic Disparities Across Europe Highlighted Amid Russia-Ukraine Conflict
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The Russia-Ukraine conflict is a key driver of economic downturn in Europe, impacting trade, migration, remittances, energy prices, and financial markets.
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The 24 least developed countries in Europe have lower human development index (HDI) scores and GDP per capita compared to richer European nations.
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Major European companies like AstraZeneca, Novo Nordisk, and SAP continue to invest in innovations like AI and cell therapy despite regional disparities.
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The bottom 5 least developed countries are Albania, Serbia, Bulgaria, Montenegro, and Russia based on HDI and GDP per capita.
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Significant economic and developmental disparities persist within Europe between Western and Eastern countries.