Berlin – The German economy holds the tightened economic sanctions of the European Union to Russia for an error. “The new sanctions will not contribute to relaxation,” warned the chairman of the Committee on Eastern European Economic Relations, Eckhard Cordes, in the “Frankfurter Allgemeine Zeitung”: “We are now probably at the beginning of a dangerous spiral of sanctions.”
The Eastern Committee sees itself as the voice of more than 6,000 committed in Russia German companies. Cordes was surprised about the actions of the federal government. The economic sanctions have brought no progress in the Ukraine crisis. “So we are increasingly self-harm, without achieving the hoped-for political effect,” Cordes said. In medium-sized conquer great frustration. “Small and medium-sized enterprises, which have a significant portion of their business in Russia and can not easily switch to other markets, are threatened in their existence.”
Gabriel wants to be able to trust Putin again
The EU had set new sanctions against Russia in force on Friday, the mainly against the energy, armor – and the financial sector set up. The EU further Russian politicians occupied with account lockouts and entry bans. Russian President Vladimir Putin had referred in view of the roadmap for Ukraine the sanctions as “a bit weird”.
Economy Minister Sigmar Gabriel (SPD) at the weekend defended the measures against Russian energy and defense companies. He very much hope that the sanctions would bring Russia to back down, he said the “Bild” newspaper. The economic situation of Russia was already far from good.
At the same time the vice-chancellor is betting that improve relations with Russia and its President Putin again soon. “It is so, that Europe needs Russia, we are direct neighbors, and a good neighborhood is essential,” Gabriel said. “We remember precisely at major international conflicts, for example in northern Iraq and in Syria, it would be good to work with Russia to jointly solve the conflict.” When asked whether they could trust Putin ever again, Gabriel said, “I hope so.”
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