Tag: Embargo
EU states agree on oil embargo against Russia
EU special summit in Brussels The EU countries are massively restricting oil imports from Russia. (Photo: dpa) The EU countries have agreed on a compromise in the dispute over the…
The Bundeswehr has its 100 billion
This fulfills a promise made by Chancellor Olaf Scholz (SPD) three days after the Russian invasion of Ukraine. Together, the five parties have the necessary two-thirds majority to anchor the…
A maximum price would still help Putin
Robert Habeck in front of an oil refinery The Economics Minister was one of the first to correctly identify the problem with an oil embargo – his conclusions are debatable.…
Oil price caught between possible EU embargo and fear of recession
Russian oil field Strategists continue to focus on the importance of a possible EU embargo on Russian oil supplies for prices. (Photo: Reuters) Frankfurt Above all, the discussion on the…
“The consequences of an oil embargo are trivialized”
Soon no more Russian oil will arrive at the Schwedt refinery. Federal Economics Minister Robert Habeck does not rule out regional fuel bottlenecks in East Germany. How do you prepare…
“Energy embargo would mean better order situation in the short term”
Frankfurt For Thomas Schulz, who has been CEO of Bilfinger, a long-established company that has been in crisis for a long time, the current financial year has started with a…
A Greek helps with Germany’s gas supply
George Prokopiou (right), Robert Habeck Germany’s Economics Minister and the Greek shipowner signing the contract for the floating liquid gas terminals. (Photo: dpa) Athens The gas tanker “Transgas Power” is…
Why the EU should rather make Russian oil more expensive
Russian oil field The advantages of an import duty imposed by the EU could be played out immediately for the EU. (Photo: Reuters) Berlin Robert Habeck is not particularly fond…
Putin celebrates his military, the EU its democracy
Brussels, Paris At 10:26 a.m., a triple “Hurrah” resounds from thousands of soldiers across Red Square in Moscow. A brass band sings the Russian national anthem, and a salute is…
“An oil embargo has significant potential”
Ottmar Edenhofer The climate economist is committed to a second EU emissions trading system. (Photo: imago images/Political Moments) Berlin Ottmar Edenhofer, Director of the Potsdam Institute for Climate Impact Research…
“An oil embargo has significant potential”
Ottmar Edenhofer The climate economist is committed to a second EU emissions trading system. (Photo: imago images/Political Moments) Berlin Ottmar Edenhofer, Director of the Potsdam Institute for Climate Impact Research…
Up to half a trillion euros in economic damage
steel production The industry would be hit hard by a gas embargo – and, according to a study, would cause enormous consequential damage throughout the economy. (Photo: dpa) Berlin An…
Up to half a trillion euros in economic damage
Berlin An abrupt halt to Russian energy supplies could plunge the German economy into a historic crisis. At least that is the conclusion reached by the economist Tom Krebs from…
EU Commission proposes new sanctions
Brussels That’s it, it’s over: According to plans by the EU Commission, Russian oil supplies to the European Union are to be largely stopped by the beginning of next year.…
EU Commission proposes new sanctions
Brussels That’s it, it’s over: According to plans by the EU Commission, Russian oil supplies to the European Union are to be largely stopped by the beginning of next year.…
EU Commission proposes oil embargo against Russia
petroleum refinery The proposal is part of a new package of sanctions. (Photo: dpa) Companies from Germany and the other EU countries should no longer be allowed to import Russian…
Scholz lives with the “Ricola” strategy
When the traffic light coalition meets today in Meseberg Castle for its first closed conference, media criticism will play a role. After all, conference leader Olaf Scholz tried to catch…
Nancy Faeser raises awareness for the catastrophes of the turning point
maybe the queues at the supermarket checkouts are a little longer today and the shelves with toilet paper, pasta and fish cans are emptied faster. If so, then it would…
The city on Russia’s long leash
Berlin It could be the end. Of that they are sure. If Russian oil stopped flowing through the pipeline, as it has done with some degree of reliability since 1962,…
An oil embargo would be an experiment with an uncertain outcome
The PCK refinery in Schwedt, Brandenburg The greater Berlin-Brandenburg area is heavily dependent on the refinery, which is majority owned by the Russian Rosneft group. (Photo: REUTERS) The EU is…