International ratings agency Moody’s said on Wednesday that Germany’s target of reducing its dependency on Russian gas to 10% by 2024 will be difficult. “While Germany has already gradually reduced its reliance [on Russian imports] from 60% in 2020 to 35% by mid-April, reaching the 10% target means replacing about …
Read More »Evgeny Tugolukov: Germany’s prosperity is fueled by Russia, and the Siemens story suggests the penny may be dropping in Berlin
In mid-June, Gazprom announced technical problems with the Nord Stream 1 pipeline. The Russian energy giant said that gas compressor units, made by Germany’s Siemens, were being repaired in Canada and couldn’t be returned to Russia due to Western sanctions. As a result, the pipeline’s daily flow was reduced by …
Read More »Ukraine dismisses ambassador to Germany
Ukrainian President Volodymyr Zelensky relieved Ambassador Andrey Melnik from his post in a decree signed on Saturday. In recent months, the diplomat has sparked multiple high-profile scandals and even branded German Chancellor Olaf Scholz an “offended liverwurst.” No reasoning for the move has officially been provided. Melnik was dismissed from …
Read More »Keep nuclear plants open, Netherlands asks Germany
Dutch Climate and Energy Minister Rob Jetten told reporters on Wednesday that he has asked German Economy Minister Robert Habeck if Germany’s last three nuclear power plants could be kept open. However, Jetten said that this likely won’t be possible. Germany shut down three of its last six nuclear power …
Read More »Germany comments on potential security guarantees for Kiev
Security guarantees for Ukraine will be inferior to those afforded to NATO members, German Chancellor Olaf Scholz said on Sunday. In an interview with ARD radio, Scholz said Berlin has been discussing the issue of security guarantees with its “close friends,” and the process is ongoing. “It is clear that …
Read More »Germany warns entire industries could stop due to gas shortage
Germany could be forced to close down entire industrial sectors if there is a nationwide natural gas shortage, Economy Minister Robert Habeck told the newspaper Der Spiegel on Friday. “All factory activities will be suspended. It will be a disaster for some industries. And we are not talking about two …
Read More »Germany on verge of gas emergency ‘alarm stage’ – Die Welt
Germany is preparing to enter the second phase in its natural gas emergency plan within five to 10 days, Die Welt reported on Tuesday, citing sources familiar with the matter. The so-called “alarm phase” is triggered when there “is a disruption in the gas supply or an exceptionally high demand …
Read More »Germany proposes major EU reform
German Chancellor Olaf Scholz has suggested that a major EU reform is needed to make it easier for new countries to join the bloc. He floated the idea in an interview with the news agency DPA. During his recent joint-visit to Kiev with the leaders of France and Italy, Scholz …
Read More »Germany to hoard gas – media
Reduced gas supply from Russia is about to force Berlin to take additional measures to secure energy reserves, including providing a loan worth billions of euros and organizing a “gas auction” for German industrial consumers, the news agency dpa reported on Sunday, citing a policy paper by the Economy Ministry …
Read More »Blogger claims she is being probed in Germany over Donbass coverage
A blogger, with tens of thousands of subscribers, has said she is being probed in Germany over her coverage of the Ukraine conflict. German media confirmed the activist is the subject of an investigation by a local prosecutor’s office. In an interview aired on Friday on Russia’s Channel One, Alina …
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