The 2022 economic growth estimate for the European Union is “no longer realistic” in light of the war in Ukraine and the sanctions subsequently imposed on Russia, European Economy Commissioner Paolo Gentiloni said on Monday. The 4% growth estimate announced by the European Commission in February is unlikely to be achieved considering recent developments, Gentiloni said at a meeting of EU finance ministers in Brussels. The commission modelled economic growth of 4% in February, revised down from 4.3% in 2021, citing rising inflation, the spread of the Omicron coronavirus variant and supply chain…