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Aug 22 Reuters European shares were on Monday set for their worst day in more than a month as worries about tightening gas supplies from Russia, hawkish signals from the European Central Bank and weak economic outlook weighed on investors39; minds.

The continentwide STOXX 600 fell 1.1 in morning trade to touch its lowest level since July 28.

Russia will halt natural gas supplies to Europe for three days at the end of the month, energy giant Gazprom said on Friday, piling pressure on the continent as it seeks to refuel ahead of winter. 

Germany39;s top importer of Russian gas, Uniper, tumbled 8.1 to hover near record low, while its parent Fortum fell 3.7.

It39;s clear that the euro zone economy could teeter into recession this winter dependent on whether energy stockpiles can last through the coldest months, said Jane Foley, senior forex strategist at Rabobank. Tomorrow39;s August PMI data will provide a snapshot as to how the euro zone economy has been holding up recently.

Focus is on euro zone flash purchasing manager index PMI data due on Tuesday, and minutes of the European Central Bank39;s ECB last policy meeting on Thursday that are likely to sound hawkish.

The ECB must keep raising rates even if a recession in Germany is increasingly likely, as inflation will stay uncomfortably high through 2023, Bundesbank…