Maintenance on a critical pipeline to Europe is an opportunity for the Kremlin to further squeeze the continent. Source:: picture alliance/Getty Images Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . On calendars in Germany’s industrial heartland and the halls of power in Berlin, July 11 has been marked in red for weeks. When the main conduit for Russian gas to Europe goes down for 10-day maintenance on Monday, Germany and its allies are bracing for President Vladimir Putin to use the opportunity to cut off flows for good. If Moscow signals the Nord Stream pipeline won’t come back as planned, Chancellor Olaf Scholz’s government would likely trigger emergency measures such as rationing and company bailouts. The consequences would almost certainly mean a deep recession for Europe’s largest economy and create ripple effects across the continent. “Are we worried? Yes, […]