The euro is weaker against the pound and the dollar this morning due to news of more possible Russian sanctions.
Lithuania has cut itself off entirely from imported Russian gas and is encouraging the EU to follow suit. The German defence minister has said that the EU should discuss this and there are reports that a debate on this could take place later today. More sanctions are set to be agreed on this week.
Industrial production figures for Germany will be released on Thursday, as well as retail sales figures for the eurozone. Several European Central Bank officials will speak throughout the week.
