Tag: expropriation
Federal government puts refineries under trusteeship
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The federal government places Rosneft Germany, the majority owner of the refinery PCK Schwedt, under trusteeship…
Rosneft under trusteeship – rescue of refinery Schwedt open
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The federal government places Rosneft Germany, the majority owner of the refinery PCK Schwedt, under trusteeship…
Rosneft trust does not save Schwedt refinery yet
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The fact that the federal government wants to secure the continued existence of the refinery by…
Rosneft expropriation does not yet save the Schwedt refinery
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The fact that the federal government wants to secure the continued existence of the refinery by…
No Russian oligarch has disclosed assets since the law was tightened
The luxury yacht of a Russian oligarch in the port of Hamburg So far, none of the super-rich have disclosed their wealth. (Photo: IMAGO/Laci Perenyi) Berlin Despite the most recent…
Russia indirectly threatens Japan with expropriation
LPG tankers Japan is reluctant to put its gas projects on the Russian island of Sakhalin on hold. (Photo: Reuters) Tokyo Russian President Vladimir Putin is on a confrontational course…
EU Commission wants to make it easier to confiscate assets
Moscow Exterior of the Central Bank of Russia building. (Photo: dpa) Berlin, Brussels Rebuilding Ukraine will cost enormous sums. If the West has its way, money from Russia should also…
Oligarch fortune for reconstruction of Ukraine
Superyacht Eclipse owned by Russian oligarch Roman Abramovich in Marmaris, Turkey Berlin, Brussels The most recent meeting of the G7 finance ministers was dominated by the Ukraine war. The Ukrainian…
How the PCK refinery in Schwedt should be saved
Robert Habeck in Schwedt The economics minister wants to get away from Russian oil as quickly as possible. But at the same time it is in his hands to save…
Calling for job guarantee for PCK refinery in Schwedt
Berlin In view of the planned oil embargo against Russia, a debate has flared up about preserving jobs at the PCK refinery in Schwedt, Brandenburg. “As the state government, preserving…
Bundestag decides possible expropriation of energy companies
Plenary session in the Bundestag in Berlin on May 12th The amendment also changes provisions in the Energy Industry Act. (Photo: IMAGO/Christian Spicker) Berlin On Thursday, the Bundestag passed regulations…
Russia’s counter-sanctions: Less gas for Germany
Berlin Russia’s gas sanctions are causing growing uncertainty on the energy markets. The punitive measures affect 31 European companies, most notably Gazprom Germania GmbH and some of its subsidiaries, which…
Russia’s counter-sanctions: Less gas for Germany
Robert Habeck The Federal Minister of Economics commented on the Russian counter-sanctions. (Photo: dpa) Berlin According to Federal Economics Minister Robert Habeck, the Russian counter-sanctions against Gazprom Germania mean that…
Russia’s counter-sanctions: Less gas for Germany
Robert Habeck The Federal Minister of Economics commented on the Russian counter-sanctions. (Photo: dpa) Berlin According to Federal Economics Minister Robert Habeck, the Russian counter-sanctions against Gazprom Germania mean that…
Moscow bans transactions with former Gazprom subsidiaries abroad
Moscow, Berlin Russia has imposed sanctions on Gazprom Germania and other former subsidiaries of its state-owned gas company. With a total of 31 listed companies, no more business should be…
Habeck expresses confidence in maintaining the PCK refinery
Schwedt/Oder A sweeping leap up and Robert Habeck stands on the table. It is perhaps the most unusual stage on which the Economics Minister has spoken so far. The reason…
Habeck expresses confidence in maintaining the PCK refinery
Federal Minister of Economics visits a refinery in Schwedt Robert Habeck (Bündnis 90/Die Grünen) speaks to the staff of the PCK refinery against the background of the EU’s planned oil…
Can the federal government nationalize energy companies?
The war in Ukraine is leading to spectacular political decisions that nobody would have thought possible just a few months ago. The federal government is even considering expropriating German subsidiaries…
An expropriation of Gazprom and Rosneft cannot be ruled out
Berlin Plans to nationalize the German subsidiaries of Russian energy companies meet with approval in the coalition. “The situation is serious and requires extraordinary measures,” said Bernd Westphal, economic policy…
Herta Däubler-Gmelin is to head the expropriation commission
Herta Däubler-Gmelin The social democrat did not only campaign for equality for women in the party and in the Bundestag. (Photo: picture alliance / ZB) Berlin The former Federal Minister…