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Nord Stream II preparing for bankruptcy

... first days of March 2022, Rusbankrot already published a message about the possible bankruptcy of the company, but the company itself then publicly denied rumors of insolvency... ... owns the pipeline. Due to the project, in which the largest concerns of the energy and oil market (Shell, OMV, Engie, Uniper, Wintershall DEA) took financial part, it was... ... Russian energy dependence even in a few months. On February 23, US authorities imposed sanctions against Nord Stream II. President Joe Biden commented on his decision with...

SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

... to local experts, existing taxes on electricity and the protracted reform of the public transport fare system could lead to bankruptcy of significant number of entrepreneurs. According to the NEOPresse media, gasoline prices have already exceeded € ... ... notes that only now, against the backdrop of an acute geopolitical conflict, the state began to actively negotiate with such oil-producing countries as Qatar. The oil and gas market, according to the head of BVMW, is what can be called a ‘power economy’,...

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