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82GEOPOLITICS

Germany formally accuses Russia of orchestrating an attempted drone attack at Leipzig airport and announces retaliatory measures

⚡ Markets: Escalates tensions between NATO/EU and Russia. Potential for further sanctions or retaliatory cyber/hybrid attacks could create risk-off sentiment for European assets.DAXEURUSDEU natgas

The German government stated Russia was responsible for an explosives-laden drone found near a Ukrainian cargo plane at Leipzig/Halle Airport in August. In response, Germany is closing Russia's consulate in Bonn and a cultural center in Berlin, and tightening visa controls. Russia has denied the accusations.

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