One EU backer of the Nord Stream 2 gas pipeline has said US sanctions have made it "almost impossible" to borrow money to fund the project.
The CEO of Austrian firm OMV, Rainer Seele, spoke about the new Russia-Germany pipeline at a press event in Moscow on Wednesday (13 September)
"The financing of such large infrastructure projects becomes almost impossible after the introduction of such sanctions", he said, according to Russian state media.
"We will probably have to rev...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.