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Nord Stream 2 is an economic project to benefit Germany AND Europe, and Washington’s stance is wrong – Merkel Nord Stream 2 is an economic project to benefit Germany AND Europe, Washington’s stance is wrong – Merkel
(about 8 hours later)
Germany’s Chancellor Angela Merkel has pointed out that Nord stream 2 is an economic project that benefits large parts of Europe, and criticized US attempts to undermine it. German Chancellor Angela Merkel says the Nord Stream 2 is an economic project that will benefit large parts of Europe, criticizing US attempts to undermine it.
Speaking to journalists in Moscow alongside Russia’s President Vladimir Putin, Merkel argued that that “sanctions are a wrong way to go.” Both leaders vowed that the gas pipeline project would be finished against all odds. Speaking to journalists in Moscow along with Russian President Vladimir Putin, Merkel argued that “sanctions are the wrong way to go.” Both leaders vowed that the gas pipeline project will be finished against all odds.
In December, the US State Department issued an ultimatum to European companies taking part in the project, threatening them with sanctions if they do not cease their work by January 20. The US argues that the project would harm the interests of Poland and Ukraine, who would lose billions of dollars in transit fees from Moscow, as well as limit Europe’s opportunities for energy supplies diversification. In December, the US State Department issued an ultimatum to European companies taking part in the project, threatening them with sanctions if they do not cease their work by January 20. The US says the project will harm the interests of Poland and Ukraine, which will lose billions of dollars in transit fees from Moscow, as well as limiting Europe’s opportunities for energy diversification.
Merkel dismissed this argument during a joint press conference with Putin, saying that “everyone” in Germany and in Europe “is interested in diversifying the gas supply and we are going to continue working in this direction” while still calling Nord Stream 2 a project of “utmost importance.” Merkel dismissed these arguments at a joint press conference with Putin, stating that “everyone” in Germany and Europe “is interested in diversifying the gas supply and we are going to continue working in this direction,” while saying the Nord Stream 2 is of the “utmost importance.”
Vladimir Putin assured journalists that Russia is fairly capable of finishing the project on its own “without involving any foreign partners.” He admitted that the pipeline construction schedule could be extended by a couple of months, though. President Putin told journalists that Russia is capable of finishing the project on its own “without involving any foreign partners,” though the schedule for construction could be extended by a couple of months.
He also said that Moscow “does respect the responsible position of the German authorities when it comes to Nord Stream 2 project.” Both leaders have been steadily supporting the project throughout the construction period, despite the pressure from the US. He also said that Moscow respects “the responsible position of the German authorities when it comes to Nord Stream 2.” Both leaders have supported the project throughout the construction period despite pressure from the US.
Washington’s December ultimatum failed to change Moscow’s and Berlin’s attitude, although Swiss-Dutch construction company Allseas capitulated to the American intimidation and has halted operations in the Baltic Sea. Washington’s December ultimatum failed to change the minds of Moscow and Berlin, although Swiss-Dutch construction company Allseas caved in and has halted operations in the Baltic Sea.
The US move was still met with condemnation not only in Berlin but in Brussels as well. The European Commission said at that time that it “strongly rejects” the American crackdown on EU companies, which had all the legal grounds to take part in the pipeline project. The US move was also met with condemnation in Brussels. The European Commission said at the time that it “strongly rejects” the American crackdown on EU companies, which have all legal grounds to take part in the pipeline project.
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