Germany Calls for European Firewall Against U.S. Sanctions. The U.S. push against @NordStream2 is prompting some officials to call for a coordinated approach to protect interests of #EU members. With @laurnorman via @WSJ wsj.com/articles/germa…
Russian energy minister Alexander Novak said that only 160 km of the #NordStream2 pipeline remained to be completed, work that would be finished within months by using Russian ships wsj.com/articles/germa…
“Europe needs new instruments to be able to defend itself from licentious extraterrito-rial sanctions,” wrote @NielsAnnen , Germany’s deputy foreign minister, in a tweet @WSJ wsj.com/articles/germa…
The German foreign office’s director general in charge of economic affairs @GERonEconomy wrote in a tweet that the sanctions were an “attempt to use coercive measures for selling LNG to Europe.” @WSJ wsj.com/articles/germa…
Building a shield against U.S. sanctions is difficult because of the size of the U.S. economy, the role of the dollar in international transactions, and the fact that the U.S. has control over much of the world’s financial plumbing. @WSJ wsj.com/articles/germa…
One official spoke of separate financial infrastructure that would allow European companies to escape the scope of U.S. sanctions. The banks involved would have to be based in jurisdictions out of the U.S.’s reach, such as China or Russia wsj.com/articles/germa…
“Washington is treating the EU as an adversary. It is dealing the same way with Mexico, Canada, and with allies in Asia. This policy will provoke counter-reactions across the world,” this official said. @WSJ wsj.com/articles/germa…
“What if the EU parliament would sanction the Keystone pipeline on environmental grounds,” a senior German diplomat asked in reference to the oil pipeline connecting Canada and the U.S. that has been opposed by environmentalists @WSJ wsj.com/articles/germa…
German think tank @DIW_Berlin calls for 'climate tariffs' in response to US sanctions on #NordStream2 dw.com/en/german-thin…
European Commission President @vonderleyen Criticizes U.S. Nord Stream Sanctions rferl.org/a/european-com…
