The main European stock indexes on Tuesday continued a three-day decline, ending the trading session in the red. In addition to the threat of a recession, the pessimism of the players was increased by the state of emergency on the Nord Stream 1 and Nord Stream 2, which further worsens the prospects of gas in the region.

By the end of the day German DAX lost 0.72%, British FTSE 100 - 0.52%, French CAC 40 - 0.27%. Over the last three sessions their decline amounted to about 3% - 4.4%.

According to the comment of Danny Hewson, analyst of the investment company AJ Bell, as quoted by France-Presse, the economic situation is undoubtedly to remain unstable, while central banks continue their aggressive policy of raising interest rates to slow inflation. This exacerbates investor nervousness, which has already reached a breaking point.

On Tuesday, both Nord Stream pipelines were found to be damaged, a timeline that their operator, Nord Stream AG, says cannot be predicted. According to financial firm Charles Schwab, this clearly signals that moderate amounts of gas are expected in Europe this winter.