Daily Memo: Convenient Technical Issues in Russian Gas Deliveries, ECB Goes to Plan B

Germany’s economy minister said the cut to gas supplies from Russia was a “political decision.”

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Throttled supplies. Russia’s Gazprom said on Tuesday that it had to reduce natural gas supplies to Europe via a Baltic Sea pipeline by about 40 percent because of technical issues. Gazprom said Siemens had not yet returned a gas compressor unit that was undergoing repairs, but Germany’s economy minister said the move was a “political […]

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