The EU has threatened to retaliate against US sanctions on European firms that invest in Russian energy projects.
But a senior US diplomat has said there is a window of opportunity to “change the status quo” on Russia’s behaviour in Ukraine.
Jean-Claude Juncker, the European Commission chief, said on Wednesday (26 July) that “if our concerns are not taken into account sufficiently, we stand ready to act appropriately within a matter of days.”
“America first cannot mean that Europe’s interests come last,” he said.
A leaked internal memo this week indicated the Commission might seek to circumscribe US jurisdiction on the issue or to impose counter-sanctions on US firms.
Juncker said the EU was “fully committed” to previous Russia sanctions, but he said the new US measures could have “unintended unilateral effects that impact the EU’s energy security interests”, such as repairs to Russia’s old gas pipeline network.
His words were echoed by Berlin, whose plan to build a newI gas pipeline with Russia, Nord Stream II, could be in jeopardy if the US measures go through…
Read more : EUObserver, 26.07.2017