EU firms are betting that a non-binding “consultation” process on new US sanctions will stop their investment in a Russian gas pipeline from turning into a fiasco.
Nord Stream 2, a Swiss-based Russian firm that is building the project, said on Thursday (3 August) that “potential sanctions” by the US on EU firms involved in the scheme will “only be implemented in close coordination with European allies”.
“This ensures that European interests can be taken into account, protecting en...
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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.