Euro falls down for the first time in 20 years

One euro was purchased at 0.998 on the currency market at 12:45. GMT, with a decline of 0.4, % in the daily trade.

Fears that Russia could limit Europe's energy supplies have increased the chances of recession in the euro area.

The European Central Bank has fallen behind other central banks in increasing rates, further weakening the euro.

Coins tend to increase when the respective central bank raises interest rates.

The dollar has undergone increases in recent months, prompted by increased interest rates by the American Central Bank.

A currency in weakening would make imports more expensive for eurozone countries, especially dollar-priced goods as crude oil.

This could contribute to an even higher inflation in the eurozone, which is already going to 8.6% for June.

The euro has dropped almost 12% against the dollar since the beginning of the year.