Contents tagged with Germany
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U.S. and Europe abandon the idea of disconnecting Russia from SWIFT
The United States and the European Union abandoned the idea of disconnecting Russia from the SWIFT interbank payment system as part of a package of sanctions for aggression against Ukraine, Handelsblatt reports, citing sources in the German government.
The initiative, which was first launched back in 2014 after Russia's annexation of Crimea and the war in Donbas, is again considered too risky. This step could destabilize the global financial system and provoke the development of an alternative …
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Germany: disconnecting Russia from SWIFT will have a nuclear bomb effect on world markets
The future chairman of the German Christian Democratic Union (CDU), Friedrich Merz, said he believes that restricting Russia's access to the international interbank SWIFT system will have a "nuclear bomb" effect on the world markets.
"Loss of confidence in the SWIFT system could be like an atomic bomb for the capital markets, as well as goods and services markets," the DPA news agency quoted Merz as saying. "I foresee a massive economic downturn in our economies if something like this happens. …
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Kyiv calls on new German government to unblock weapons supplies to Ukraine
Ukraine calls on the new German government to immediately provide Kyiv with defensive weapons to protect itself against Russia, said Ukrainian Ambassador to Germany Andriy Melnyk in an interview with the newspaper Berliner Morgenpost.
"Ukraine demands that the new German government abandon the morally false policy of blocking weapons supplies and immediately provide Kyiv with defensive weapons to protect itself against the Russian Federation. Berlin bears the same historical responsibility to …
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German Ambassador: Russia’s attack on Ukraine is unlikely
German Ambassador to Ukraine Anka Feldhusen considers a large-scale military operation by Russia against Ukraine unlikely.
"Clear words of European politicians and timely coordination sent the right signals in Moscow’s direction. In recent weeks, we have also not seen a significant buildup of troops on Russia's border with Ukraine. Therefore, I consider it unlikely that a large-scale attack by Russia is possible," Feldhusen wrote in her address to German citizens living in Ukraine, Deutsche …
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German Vice-Chancellor: Construction of Nord Stream 2 was a mistake
The construction of the Nord Stream 2 gas pipeline was a mistake from a geopolitical point of view, said the Vice-Chancellor of Germany, Federal Minister of Economic Affairs and Climate Action, Robert Habeck, in an interview with the newspaper FAZ.
When asked whether the transition to renewable energy would lead to dependence on Russian gas and the Nord Stream 2 pipeline, Habeck said: "All European countries, except Germany and Austria, have always been against it. And now the gas pipeline has …
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Russia stops delivery of gas to Europe via Poland
Russia continues to tighten the gas noose around the neck of the European Union, stopping again its key export gas pipeline.
Starting Friday, December 17, the Russian gas conglomerate Gazprom will stop gas delivery through the Yamal-Europe pipeline, which supplies consumers in Germany through Belarus and Poland.
The auction held on Thursday for the gas delivery for a day ahead ended in vain: Gazprom refused to book any transit capacity, Interfax reports.
During the previous two weeks, Yamal- …
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Kyiv hopes to convince Berlin to allow supplies of weapons to Ukraine
Ukraine and Germany can solve the problem of Berlin blocking the purchase of weapons by Ukraine through negotiations, said Ukrainian Foreign Minister Dmytro Kuleba.
"We do have some discussions going on with some members of the Alliance about how this whole system will function. But I am convinced that we should talk about this with them [Germany] now at the bilateral level, as diplomats. Because I don't think it's an unsolvable task. We may well solve it through negotiations," Kuleba said.
" …
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German Foreign Minister: Nord Stream 2 cannot be commissioned
Germany's new foreign minister, Annalena Baerbock, currently sees no reason to commission the controversial Nord Stream 2 gas pipeline. This gas pipeline does not yet comply with the norms of European energy legislation, said Baerbock on the air of the ZDF television channel. In addition, according to her, it seems clear that "in the event of further escalation [of the Russian-Ukrainian conflict] this pipeline can no longer be connected to the gas transit network." This was agreed by the …
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Kyiv accuses Berlin of blocking weapons supplies to Ukraine
Ukrainian Defense Minister Oleksiy Reznikov accused Germany of blocking arms shipments to Ukraine through NATO's Support and Procurement Agency (NSPA), even after Berlin had been warned by Washington about a potential Russian invasion of Ukraine.
Reznikov said that Berlin had vetoed Ukraine's purchase of anti-drone weapons and anti-sniper systems through NSPA over the past month.
"They are still building the Nord Stream 2 gas pipeline and at the same time blocking our defense weapons. It's …
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Poland: U.S. has softened its position on Nord Stream 2
The White House has repeatedly warned Berlin about the consequences of the commissioning of Nord Stream 2, but its position has softened recently, said Polish Deputy Foreign Minister Pawel Jabłoński in an interview with the Australian Financial Review.
"The United States opposes in words, but when it comes to concrete actions, they become much less persistent. They just retreat in the hope that we will gain ourselves a few months of calm," Jabłoński said. In his opinion, such an approach is naï …