Global Analysis from the European Perspective. Preparing for the world of tomorrow

Press review: US to target Nord Stream 2’s EU creditors and Russia cracks down on US cult

The United States is trying to exert pressure on European creditors of the Nord Stream 2 project, threatening to impose retroactive sanctions on them. US Secretary of State Mike Pompeo demanded that Shell, Engie, Uniper, Wintershall and OMV should leave immediately or otherwise all their assets in America will be frozen. The new threats come amid Gazprom’s revved-up efforts to complete the project. However, it still remains unclear how the companies, which allocated 4.7 bln euro for Nord Stream 2 in loans, could avoid sanctions, Kommersant business daily writes. Source Tass

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