It's a double pipeline to Germany. Consider this, what impacts have the sanctions done to Russia so far? The Germans are fed up with Greece and at the same time increasing their pipelines with Russia. During the sanctions, the USA has increased trade with Russia! Germany is edging it's bets. I said it from day one of Zol, Russia is the new wild west, full of resources and is being thrown open for business. China is diving in and even the USA is selfishly increasing trade, all at the expense of Europe. The Rouble is doing well, Russia has large amounts of foreign reserves and a growing accumulated gold tonnage. The sanctions has caused Russia to diversify, Putin has tried to do that for years. Russia has become more United than ever. The East has created an alternative to the crippled Western financial system. Zol will come good. A Saudi prince is visiting Putin, things are changing.
Is very fluid. There's the international forum going on in St Petersburg. There's the Yukos affair. A possible Grexit and sanctions. To have the sanctions required all states to agree, if Greece doesn't get a haircut in debt, watch those sanctions. Gazprom has just signed a deal with Germany to build a baltic gas pipeline to Germany. Political opposition to the German government in Germany is growing against it's poodle stance for the USA. Merkel is under pressure. France owes Russia billions for the non delivery of those helicopter carriers. Ukraine is falling apart. If there's a Grexit, our banks and German banks will collapse.
E.U. Agrees to Extend Economic Sanctions Against Russia By ANDREW HIGGINSJUNE 17, 2015 Advertisement
Continue reading the main storyContinue reading the main storyShare This Page Email Share Tweet Save More Continue reading the main story BRUSSELS — The European Union is set to extend by six months economic sanctions against Russia, calming fears that Greece’s acrimonious negotiations over its debt crisis might allow Russia to break the unity of the 28-nation bloc in its response to the conflict in Ukraine.
A decision to prolong the sanctions, which expire at the end of July, was made by European ambassadors in Brussels on Wednesday and is expected to be ratified at a meeting of foreign ministers early next week in Luxembourg, diplomats in Brussels said.
Continue reading the main story RELATED COVERAGE
Greek Central Bank Warns of Financial Collapse if Debt Talks FailJUNE 17, 2015 Discontent in Eastern Ukraine Leads to Rare Public ProtestJUNE 15, 2015 Russian Groups Crowdfund the War in UkraineJUNE 11, 2015 graphic The Global Struggle to Respond to the Worst Refugee Crisis in GenerationsJUNE 8, 2015 Moscow lobbied hard against a renewal of the sanctions, imposed last year in tandem with similar measures by the United States after Russia annexed Crimea in March and then provided support to separatist rebels in eastern Ukraine. Decisions on sanctions require unanimity, so Russia needed to win over only one European Union country to block an extension. But it failed in efforts to secure a blocking vote from any of the countries that have shown little enthusiasm for sanctions. These include Greece, Cyprus and Hungary, all of which Moscow has actively courted.
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