The Biden Administration is backing off imposing sanctions on Nord Stream 2 AG and its German CEO, Matthias Warnig,

Thursday, May 20, 2021

CNN and Axios have reported from Washington. Seeking to avoid serious damage to the Germany-US relationship, President Biden apparently has decided to sanction Russian ships and subcontractors, the reports say, citing Washington officials. With the 1,230 km long pipeline 95% complete, it seems that the Russia-Germany gas line will be finished this summer – sanctions or no sanctions.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post

The Baltic Sea pipeline bypasses Ukraine and will concentrate enormous power in Germany as the main distributor of Russian natural gas to the EU

Next post

UIA is considering reopening flights to and from Tel Aviv on Monday,

Previous Main Topics