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4/4, 5:30 PM (Source: TeleTrader)
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Europe closes higher amid new Russia sanctions talks

Major stock markets in Europe closed higher on Monday after the United Kingdom and the European Union said they are considering imposing new sanctions on Russia over its military operation in Ukraine. In the light of those events, Germany took temporary control over PJSC Gazprom's former subsidiary in that country, Gazprom Germania GmbH. Meanwhile, British Chancellor of the Exchequer Rishi Sunak unveiled Britain's plan to become "a global hub for cryptoasset technology."

The DAX closed 0.61% higher as Delivery Hero SE surged by 10.36%. The FTSE 100 rose by 0.43%, with Aveva Group PLC going up by 4.08%. The CAC 40 advanced by 0.91% as Thales SA increased by 3.77%.

The euro lost 0.50% to the dollar to sell for $1.09931 at 5:28 pm CET. At the same time, the pound sterling stood flat against the greenback to go for $1.31200.

Baha Breaking News (BBN) / JR