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Nord Stream 2 investors await new U.S.-sanctions

WASHINGTON – March 23 (WNM staff/news wires) In Washington, consultations are under way whether and if to which extend sanctions should be imposed on the controversial Nord Stream 2 pipeline project. According to sources in Washington, no decision is yet made. But World News Monitor has learned from people involved with the decision that some kind of sanctions is more likely to come than no sanctions at all.

Investors are hence waiting for a decision before they decide whether to put money in Nord Stream 2. Russian media reported, that Italian bank Intesa is considering an investment into Nord Stream 2. But a spokesman for Intesa-CEO Antonio Fallico told World News Monitor, that no decision has been made: “Only when you are certain that the project is not sanctioned, then you can consider participating in the funding. In itself, the project is economically viable”, the spokesman said.

Continue reading the article on the World News Monitor website.