Berlin is preparing a response to the sanctions against Nord Stream-2

Germany is preparing an adequate response to the possible tightening of U.S. sanctions on “Nord Stream-2,” the Bloomberg agency reports with reference to sources in the government of German Chancellor Angela Merkel.

Berlin predicts that subsequent actions by Washington to stop the construction of the pipeline may affect a significant number of not only German but also European banks, companies, and government agencies involved in this large-scale project. Berlin, therefore, insists on coordinated steps at a pan-European level.

Recall that on June 4, the Republicans submitted to the U.S. Senate a bill to extend sanctions against “Nord Stream-2. The document is primarily directed against European companies, which somehow participate in the construction of the gas pipeline.

Leave a Reply