Economics

Putin Not Big Enough Threat to Undermine Europe, Norway Says

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Europe shouldn’t fear the economic fallout of deteriorating ties with Russian President Vladimir Putin, Norway’s Prime Minister Erna Solberg said.

“Russia isn’t such a large economy so it doesn’t have that big an impact on our European economy,” Solberg, 53, said yesterday in an interview at her office in Oslo. While sanctions and counter sanctions have hurt primarily the fishing industry, there’s still “good growth in Norway,” she said.