Biden: Nord Stream 2 pipeline is a 'bad deal' for Europe
- Wall Street falls as investors ready for Trump's inauguration
- IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus
- American Express (AXP) Misses Q4 EPS by 7c, FY17 EPS Guidance Tops Views at Mid-Poinit
- Skyworks Solutions (SWKS) Tops Q1 EPS by 3c, Offers Q2 Guidance, Announces Buyback
- After-Hours Stock Movers 01/19: (SWKS) (QRVO) (NVAX) Higher; (AFMD) (SGYP) (IBM) Lower (more...)
U.S. Vice President Joe Biden delivers a speech in Riga, Latvia, August 23, 2016. REUTERS/Ints Kalnins
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
STOCKHOLM (Reuters) - U.S. Vice President Joe Biden said on Thursday the United States believed the Nord Stream 2 pipeline involving Russia and several European energy companies was a "bad deal" for Europe.
Russia's Gazprom and its European partners agreed the project, which will run across the Baltic Sea to Germany, last year.
But many eastern European countries and the United States have said the pipeline could limit supply routes and the energy security of the European Union, which gets a third of its gas from Russia.
Biden made his comments during a news conference in Sweden.
(Reporting by Jeff Mason and Simon Johnson; Editing by Richard Balmforth)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Spain arrests Russian bank-account hacker wanted by FBI
- Citi sees 10 percent net new money growth near term in Asia wealth business
- For stock performance under Trump, don't look to prior transitions
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!