Contents tagged with Germany
-
2,000 German companies have pulled out of Russia
German companies are continuing to withdraw from Russia, winding up operations in the wake of US sanctions and the decline of solvent demand.
In the five years since Russia annexed Crimea, its relations with the West have deteriorated sharply, and nearly 2,000 German companies have left the Russian market, Deutsche Welle reports, citing data from the Russian-German Foreign Trade Chamber.
At the end of 2019, 4,274 companies with German capital were operating in Russia, as opposed to 6,200 in 20 …
-
Ukrainian Foreign Minister: Germany declined to provide military assistance to Kyiv
The German news agency RND has cited Ukrainian Foreign Minister Vadym Prystaiko as saying that Germany refused to provide Ukraine with military assistance “needed for opposing Russian aggression”.
The Ukrainian Foreign Minister said that Kyiv is gratef l to Berlin for financial aid and for support on the international level, but must nevertheless note that the German government declined Ukraine’s request for military aid.
“I am still expecting official Berlin to revise its stance on this …
-
Ukrainian Foreign Minister: Merkel is not offended after she was mentioned in Zelensky-Trump conversation
Ukrainian Foreign Minister Vadym Prystaiko said that no one should be surprised because of the words that leaders of different countries use in confidential telephone conversations, reports German news agency RND.
According to Prystaiko, Trump "reminded" Zelensky that "because of their geographical proximity, the Europeans should do more for the security" of Ukraine, and the Ukrainian President agreed with Trump.
Prystaiko also said that German Chancellor Angela Merkel is not offended by the …
-
German media: Former Stasi spy and friend of Putin is head of Nord Stream 2
Matthias Warnig, CEO of Nord Stream 2 AG, the operator of the gas pipeline of the same name, worked as a spy for Stasi, the secret police of the German Democratic Republic (GDR, East Germany), back in 1974, Der Standart reports.
With the code name “Arthur”, Warnig from the Düsseldorf GDR trade mission gave East Berlin information about west German companies. According to the article, between 1981 and 1990 Warnig held various posts in the GDR government, including positions in the Ministry of …
-
Germany to help Ukraine modernize gas transmission system
Peter Beyer, the German government’s Coordinator of Transatlantic Cooperation, said that Germany will help Ukraine to upgrade its gas transmission system (GTS).
“It’s not the case that Ukraine is being left on its own. On the contrary, we have obligations, and we will keep them,” Beyer said in an interview on German radio.
He admitted that the agreement between Russia and Ukraine to extend gas transit “is actually shorter than initially imagined”, but an important consideration is that …
-
Nord Stream 2 contractor suspends work on pipeline as US sanctions take effect
Swiss pipeline installation and subsea construction company Allseas, which is working on Nord Stream 2 gas pipeline, suspended the construction activities, reported the press service of the company.
Allseas indicated that such a decision was made "in anticipation of the enactment of the National Defense Authorization Act (NDAA)," which includes sanctions against the operators of the Nord Stream 2 gas pipeline. "Allseas will proceed, consistent with the legislation's wind down provision and …
-
US Senate approves sanctions against Nord Stream 2
The US Senate has approved the National Defense Authorization Act (NDAA) for the 2020 financial year, which obligates the White House to impose sanctions on the Russian gas pipelines Nord Stream 2 and Turkish Stream.
On December 11, the House of Representatives voted in favor of the NDAA, and now the 3,500-page document is on President Donald Trump’s desk, awaiting his signature.
Certain points of the document, which raises the US’s annual military expenditure by 3.1% to $738 billion, impose “ …
-
Putin and Merkel discuss Nord Stream 2 gas pipeline
During a telephone conversation, Russian President Vladimir Putin and German Chancellor Angela Merkel discussed the possibilities of Russian gas transit through Ukraine in 2020 and the implementation of the Nord Stream 2 gas pipeline project, reports the Kremlin's press service.
Putin and Merkel also positively assessed the Normandy Four Summit, which was held in Paris on December 9.
Also, the leaders discussed the situation in Libya. According to the report, the parties noted the need to …
-
Nord Stream 2 pipeline: almost 350 German companies may face US sanctions
Almost 350 German companies which are taking part in the Nord Stream-2 project may be affected by the US sanctions, said the Chief Executive of Foreign Trade at the Association of German Chambers of Industry and Commerce (DIHT), Volker Treier in a commentary for the news network Redaktions Netzwerk Deutschland.
According to him, there is growing concern in German business due to Washington's intention to impose sanctions against companies involved in the construction of the Russian gas …
-
Germany allocates one million euros to Ukraine to support reforms
Germany will allocate one million euros to the Council of Europe Action Plan for Ukraine, reports the press service of the German Embassy in Ukraine.
It is noted that this is the most significant contribution that Germany has ever made to similar action plans of the Council of Europe in other countries.
"At the beginning of December 2019, Germany approved a decision to contribute 1 million euros to the Council of Europe Action Plan for Ukraine. The Action Plan supports reforms in Ukraine to …