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Germany faces a wave of bankruptcies due to the refusal of Russian gas

The refusal of Russian gas could lead to a sharp increase in the number of bankruptcies in Germany. This will mostly affect small and medium-sized enterprises that do not have long-term contracts for the supply of natural gas. The attention to the problem was drawn by the German media Handelsblatt . The published material contains data ...

Nord Stream 2 management company to launch bankruptcy proceedings

... Stream 2 AG, acting as an operator of Nord Stream 2, is going to resort to insolvency proceedings. This is connected with the sanctions that were previously imposed on the enterprise in connection with the geopolitical situation around Ukraine. It is ... ... early as this week. Nord Stream 2 AG was created by Gazprom to implement a project to double the capacity for pumping gas from Russia to Germany. The cost of the project, which is currently almost completed, amounted to $11 billion. The pipeline with a length of ...

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