Nord Stream

Germany said on July 8 it hopes to convince Canada to deliver a turbine needed to maintain the Nord Stream 1 gas pipeline, with Russia waiting on the machine's arrival before increasing supplies.

The Euro continued to fall on Wednesday, hitting a new 20-year low below US$1.0200 and is on track to reach the cash level (1.0000) soon on growing concerns that Russia may cut off supplies of gas to Europe, contributing to the entry of the Eurozone into recession, which would make it difficult for the ECB to carry out its planned policy of raising interest rates to control record inflation.

Fearing Russia might cut off natural gas supplies, the head of Germany's regulatory agency for energy called on residents Saturday to save energy and to prepare for winter, when use increases.

Federal Network Agency President Klaus Mueller urged house and apartment owners to have their gas boilers and radiators checked and adjusted to maximize their efficiency.

Germany said yesterday it would raise the alert level under its emergency gas plan to secure supply following the recent reduction of pipeline supplies from Russia.

Russian gas company Gazprom announced last week that it was reducing supplies through the Nord Stream 1 pipeline for technical reasons

"Reducing home heating temperatures in Europe by 2 degrees would make it possible to replace gas supplies through the Nord Stream gas pipeline". This opinion was expressed by the President of the European Commission (EC) Ursula von der Leyen in an interview with the Spanish newspaper elDiario.

Angela Merkel said that while she was Chancellor of Germany she made serious efforts to prevent the situation in Ukraine from developing to its current state and said that she does not blame herself of not trying decisively enough to thwart what was happening, Reuters reported.

Grotesque, crude and clearly insulting, the puppets are designed to grab attention and burst despotic bubbles. Meanwhile, Central European populists serving Moscow and Beijing's interests, like Czech President Milos Zeman and Hungarian Prime Minister Viktor Orban, metamorphosise into giant slugs eating the lettuce leaf of democracy.

Those earlier arguments, based on Prague's plan to play a major role in distributing gas from Russia's Nord Stream 2 pipeline, derailed the project to build the Stork II gas link between the two countries in 2020.

From plans for liquefied natural gas terminals in northern Germany, Finland and France to potential new routes through Spain and the Mediterranean, Europe is striving to rid itself of its dependence on Russian gas, though experts say the task will take years to complete.