Minister of Finance of Germany Reject sanctions on natural gas imports from Russia. The EU is preparing to adopt while the EU is increasingly pressured to impose sanctions on the Russian energy sector.
German Finance Minister Christian Lindner today spoke during a meeting with EU ministers in Brussels. Belgium said it was clear that the European Union had to end economic relations with Russia as soon as possible. And tougher sanctions are needed, but right now we can’t find a replacement for Russian gas in the short term either. which will cause more damage to us than Russia
The German Finance Minister suggested that Instead of sanctions on all energy imports from Russia. The EU should apply a separate sanction to each type of fuel. This is because oil substitutes are more readily available than natural gas substitutes.
Russia supplies European countries regarding 40 percent of the total consumption of natural gas in Europe. And Germany is one of the countries that relies on Russian natural gas the most.
After the Russian invasion of Ukraine at the end of February last year. The German government immediately imposed a series of sanctions on Russia. It is aimed at Russian government leaders, politicians, businessmen and key business sectors. But it has not stopped importing oil, gas and coal from Russia. for fear of causing damage to Germany itself
Many analysts pointed out that The German economy might go into recession if Russia’s energy sanctions come.
Members of the German ruling coalition have had disagreements over Russia’s energy sanctions. European leaders face pressure to apply additional sanctions in response to evidence that Russia has used atrocities to kill Ukrainian citizens in several cities around Kiev.
German Defense Minister Christine Lambrecht on Sunday said the European Union had to discuss how to impose sanctions on Russian energy imports, while German Economy Minister Robert Haa said on Sunday. Beck argued that Germany should not ban Russian gas imports at this time. But the dependence on Russian energy should be gradually reduced.
On Sunday, Lithuania announced it had canceled the total import of natural gas from Russia. and urging other EU countries to do the same
Polish Prime Minister Mateas Moraviezki criticized the German leader for not increasing sanctions once morest Russia, saying: “Prime Minister Olaf Scholz should not listen to business leaders in Germany. but rather listen to the voices of innocent women and children.”
Follow the situation of Russia-Ukraine here.
https://www.tnnthailand.com/news/ukraine-russia-war
photo from Archyde.com
