Merkel speaks in favor of new negotiations on South Stream

Germany and Bulgaria stand for holding new negotiations with Russia on construction of the gas pipeline South Stream, based on a number of bilateral agreements, concluded by Moscow with the EU since 2006.
German Chancellor Angela Merkel said after a meeting with Bulgarian Prime Minister Boyko Borisov, DW reports.
“All open issues, related to the project stopped by Russia, should be considered soberly,” said Merkel, adding that the EU, in principle, never spoke out against construction of the South Stream.
At the same time, Merkel noted Russia’s reliability as an economic partner, in particular in the gas sector. The Chancellor also announced that the new economic sanctions against Russia, in all likelihood, will not be taken at the EU summit.
Bulgarian Prime Minister, in turn, said that he intends to address the subject of the South Stream at the EU summit. According to him, Sofia is interested in the project and hopes for financial support in order to become a gas distribution center in the southwest of the EU.

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