It became known about Merkel’s reluctance to abandon Nord Stream 2

By | September 5, 2020
It became known about Merkel's reluctance to abandon Nord Stream 2

German Chancellor Angela Merkel’s coalition does not want to abandon Nord Stream 2. The fact that the ruling bloc and the Social Democratic Party of Germany is unlikely to support the demand to abandon the project after the incident with Alexei Navalny, it became known to Bloomberg agency.

The construction of the pipeline is supported by the German industry, which is noted to be indicated by resistance in Merkel’s coalition. In addition, ties between Russia and Germany have been deeper, Bloomberg reports. The need to preserve Nord Stream-2 was pointed out by the Eastern Committee of the German Economy. They said that Merkel asked not to link the project with the situation around the Navalny.

Sources in the Bundestag claim that another argument in favor of preserving the project was the hostility that the United States is showing against Nord Stream 2. In addition, the refusal to support the construction means for Germany significant financial losses: the authorities will have to pay compensation to the companies involved in the project.

The U.S. opposes the construction of Nord Stream 2. At the end of last year, sanctions were imposed on all companies involved in the project, after which the Swiss Allseas was forced to withdraw its pipelayer from the Baltic Sea. In the future, the restrictions were expanded, included in the U.S. defense budget and included insurance companies cooperating with the participants in the construction.

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