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Acting Minister of Defense Dimitar Stoyanov confirmed the information that Ukraine is making a counteroffensive in the military clash with Russia. According to him, it is still too early to say whether the tide of the war has been turned.
Ukrainian general reported that his troops were advancing north towards the Russian border. Read more here.
Financial markets have been rattled by the shutdown of Russia's Nord Stream 1 gas pipeline, as energy pressure on European economies intensifies as winter approaches. The euro fell to a two-year low this morning in early trading on Monday after Russian energy company Gazprom extended the shutdown of its gas pipeline to Germany on Friday night.