The euro hit a 20-year record on Tuesday, falling below the dollar. There was some correction thereafter, but Fears about Europe's economy in the international community intensified.

The results of a survey of economists conducted this month Bloomberg showed that respondents expect a recession in Europe more likely than in June - in percentage increase to 45%, up 15% from previous value. The outlook for the region is worsened by the worsening energy shortage situation and rising inflation.

Data released yesterday on the region's most advanced economy, Germany, were not too encouraging. Germany's economy, released yesterday, was not too encouraging. In July, the index of investor confidence In July, the index of investor confidence dropped markedly compared to the previous month, The index fell short of analysts' expectations to -53.8 points against forecasted -38.3. For comparison, in June the given indicator was equal to -28 points. However, this did not prevent European stock indices from closing At the close of trading they grew by 0.18% - 0.80%.