Georg Zachmann: Nord Stream 2 – a bad deal for Germany and Eastern Europe
A Nord Stream pipeline operator stands on Oct. 8, 2012 on a platform overlooking the diagnostic cleaning plant before the opening ceremony of the North Stream second gas link in Portovaya bay, some 60 kilometers from Vyborg in northwestern Russia.
Georg Zachmann argues that the Nord Stream 2 project is a danger to the European consensus on relations with Russia. What is more, it could undermine efforts to diversify Europe's gas supply and might risk higher prices for Eastern Europe.