The Eastern states of Germany want the completion of the Nord Stream 2 project

While Federal Chancellor Angela Merkel can imagine ending the near-finished Nord Stream 2 project, which should see Russian gas flowing into Germany, the eastern Länder are opposed.

The heads of provincial governments of the eastern Länder of Germany opposed Federal Chancellor Angela Merkel’s reasoning to use the Nord Stream 2 project to supply Russian gas as geopolitical tool. Indeed, they have agreed to a resolution in which they oppose the completion of the pipeline, German newspaper Bild reported on Friday. According to leaders of Eastern Länder, completing the project is “a sensitive and right thing to do.”

Majority of the German population agreed on the Nord Stream 2 finalization. According to a survey by ZDF television station, two-thirds of respondents expressed themselves that Germany should not back out of the project, and on the contrary only one-fifth would support such a move. Reflections on Germany’s withdrawal from the project emerged after it became clear that Russian opposition leader Alexei Navalny had probably been poisoned by a Novicok-type substance, and for several weeks is hospitalized in Germany. If Angela Merkel’s cabinet takes steps that would lead to the abandonment of the pipeline construction, it would likely trigger a big part of Germany.

author avatar
EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

Golden Brokers Review

Golden Brokers Limited was founded in 2018, it is...

Siemens’ Quarterly Profit Beats Estimates as the Company Benefits from AI-Related Demand

German industrial conglomerate Siemens increased its profit from industrial...

Sell Stop Orders: How They Work, When They Trigger and Where They Fail

A sell stop order allows investors to automatically sell an asset...

German Authority Investigates PayPal Over Possible Restriction of Competition

The online payment system PayPal may be engaging in...

Airbnb Could Earn More From the Same Booking

Airbnb plans to bring car rentals and partner services directly into its platform. With AI customer support reducing overheads, the company aims to earn higher profits from existing customer bookings.

Over-the-Counter Markets: How OTC Trading Works Outside Centralized Exchanges

Over-the-counter (OTC) trading allows investors, financial institutions, and companies...

Maersk’s profits grew, but a return via Suez may squeeze margins [1]

Maersk posted an operating profit of USD 3.3 billion...

Shooting Star Candlestick: How to Read It Without Trading the Shape Alone

A shooting star candlestick can warn that an upward...
spot_img