Jun 27, 2025 4:58 PM IST
US Stock Market LIVE Updates: Germany Considers Tighter Investment Rules Amid Nord Stream 2 Rumors
The German government is examining measures that could help it stop a potential sale of the Nord Stream 2 pipeline after speculation emerged earlier this year over reviving pipeline gas deliveries from Russia.
Berlin is considering amending the legal basis for investment screening, the economy ministry said in response to a parliamentary inquiry from Green party lawmakers, including Michael Kellner, which was first reported by Der Spiegel magazine on Friday.
Germany’s Foreign Trade and Payments Act wouldn’t currently allow Germany to block a sale of struggling Nord Stream 2 AG as it’s a Swiss-based company, it said. Under the regulation, an investment screening is only triggered when it concerns a company that is not part of the European Union or the European Free Trade Association, of which Switzerland is a member of.