Markets shun Nord Stream 2 amid US threat

One EU backer of the Nord Stream 2 gas pipeline has said US sanctions have made it "almost impossible" to borrow money to fund the project.

The CEO of Austrian firm OMV, Rainer Seele, spoke about the new Russia-Germany pipeline at a press event in Moscow on Wednesday (13 September)

"The financing of such large infrastructure projects becomes almost impossible after the introduction of such sanctions", he said, according to Russian state media.

"We will probably have to rev...