European stocks fall as main Russian gas pipeline remains closed

European indices fell sharply and the euro hit a new 20-year low after Russia extended a shutdown of natural gas flows through a major gas pipeline, sending energy prices soaring.

In early trading on Monday, the pancontinental Stoxx Europe 600 index fell 1.8%, while Germany’s DAX index lost 3.2%. Britain’s FTSE 100 fell 1.2%.


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