EconomyEnergy

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.

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