04/24/22

Permalink Germany ‘can’t isolate’ Russia – former chancellor

Gerhard Schroeder said that Germany needs Russian energy, and can’t afford to break away from Moscow.

Hounded by the international media and hated in his home city for his close ties to Russia, former German Chancellor Gerhard Schroeder insists that Germany needs Russia’s vast energy supplies to maintain its industrial power. [He] remains personally close to Russian President Vladimir Putin, [and] has faced scathing criticism at home for his role in fostering Germany’s dependence on Russian gas (although his successor, Angela Merkel, refused to lessen that reliance).

As Germany’s leaders distance themselves from calls to embargo Russian oil and gas imports, the New York Times published an interview on Saturday with Gerhard Schroeder, the country’s former chancellor who oversaw the construction of the first Russia-Germany Nord Stream pipeline and went on to advise multiple Russian energy companies. Schroeder insists that Russia and Germany need each other:

💬 “They need oil and gas to pay for their budget. And we need oil and gas to heat and to keep the economy going,” he stated. “German industry needs the raw materials that Russia has. It’s not just oil and gas, it’s also rare earths. And these are raw materials that cannot simply be substituted,” Schroeder added.

India focused on stabilising economic ties with Russia following sanctions (Hindustan Times)

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