Germany's Scholz: Russia has broken rules of international order

"Russia has broken rules of international order, we'll all suffer, but Russia will suffer most," German Chancellor Olaf Scholz said on Monday, as reported by Reuters.

"A delay in the European Union's accession talks will make western Balkans vulnerable to outside influence," Scholz added. "It is clear for both Germany and Sweden that the EU must push ahead with institutional reforms to make itself capable of enlargement."

Market reaction

These comments don't seem to be having a noticeable impact on risk sentiment. As of writing, Germany's DAX 30 was up 1.41% on the day.