Merz backs Nord Stream ban to prevent US and Russia restarting gas link

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Financial Times 16h ago

Merz backs Nord Stream ban to prevent US and Russia restarting gas link - Financial Times

Quick Summary:

The far-right Alternative for Germany, which has secured more than 20 per cent of the votes nationwide in February elections, has called for bringing the pipelines back online as the Eurozone’s largest economy grapples with high energy prices and stagnation.

European Commission president Ursula von der Leyen last week mentioned Nord Stream as part of the “new package of sanctions” her team was working on.

In March, Michael Kretschmer, the CDU prime minister of the east German state of Saxony, said that maintaining punitive measures against Moscow was “completely out of date and does not fit at all with what the Americans are doing right now”.