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 further argued that the gas supply situation could become worse than the coronavirus pandemic.

Market reaction

These comments don't seem to be having a noticeable impact on the shared currency's performance against its major rivals. As of writing, the EUR/USD pair was trading at 1.0565, where it was up 0.53% on a daily basis.