Empresas y finanzas

EU's Juncker says South Stream pipeline can still be built

BRUSSELS (Reuters) - The South Stream gas pipeline can still go ahead despite Russia saying it had scrapped the $40 billion (25.53 billion pounds) project to supply gas to Europe, European Commission President Jean-Claude Juncker said on Thursday.

"As regards South Stream, the European Union and Bulgaria are working together to solve the outstanding issues. These outstanding issues are not insurmountable," Juncker told reporters after talks with Bulgarian Prime Minister Boiko Borisov.

"South Stream can be built. The conditions have been clear since a long time ... The ball is in the court of Russia," he said.

(Reporting by Adrian Croft; editing by Philip Blenkinsop; editing by Phil Blenkinsop)

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