Germany’s Habeck: Reduced gas supply is a Russian economic attack

German Economy Minister Robert Habeck said on Tuesday that the reduced gas supply had “another dimension” and that it was an economic attack by Russia against Germany, as reported by Reuters.

Habeck has added that the gas supply situation could become worse than the coronavirus pandemic. Markets have not reacted to the German officials’ comments as the Euro’s performance against its major rivals remains steady and the EUR/USD pair was trading at 1.0565, where it was up 0.53% on a daily basis.