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Germany urges 'prudence' in potential sanctions against Russia over Ukraine

EconomyJan 23, 2022 15:51
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© Reuters. FILE PHOTO: German Chancellor Olaf Scholz gives a statement before a cabinet enclosure at the Chancellery to lay out and discuss Germany's policy plans for its G7 presidency in Berlin, Germany, January 21, 2022. Michael Kappeler/Pool via REUTERS

BERLIN (Reuters) - Germany's leader has urged Europe and the United States to think carefully when considering sanctions against Russia for any aggression against Ukraine in a crisis pitting Berlin's main gas supplier against its biggest security allies.

Among a range of possible Western sanctions https://www.reuters.com/markets/europe/how-financial-western-sanctions-might-target-russia-2022-01-19 against President Vladmir Putin's government, Germany could halt the Nord Stream 2 https://www.reuters.com/world/europe/germany-signals-it-could-halt-gas-pipeline-if-russia-invades-ukraine-2022-01-18 pipeline from Russia if it invades Ukraine.

But that would risk exacerbating a gas supply crunch https://www.reuters.com/world/europe/ukraine-crisis-germany-faces-tough-decisions-over-gas-pipeline-2022-01-20 in Europe that has caused energy prices to soar.

"Prudence dictates choosing measures that will have the greatest effect on those who violate the jointly agreed principles," German Chancellor Olaf Scholz Scholz was quoted as saying by the Sueddeutsche Zeitung newspaper on Sunday.

"At the same time, we have to consider the consequences this will have for us," Scholz added, saying nobody should think there was a measure available without consequences for Germany.

According to a pre-release of the interview, Scholz also countered any impression that the United States and Europe could not agree on a joint set of sanctions.

"In the circle of allies, we agree on possible measures. It's good. We have to be able to act in case of an emergency," he said.

The European Union has threatened "massive" sanctions and U.S. Senate Democrats have unveiled a bill to potentially punish Russian officials, military leaders and banking institutions.

Russia has massed tens of thousands of troops near Ukraine's borders but denies planning to invade the former Soviet republic. It is already subject to some sanctions since its 2014 annexation of Crimea from its neighbour.

Scholz rejected a demand by Russia to rule out once and for all Ukraine's membership of transatlantic military alliance NATO. "Such a guarantee can't be given," the chancellor said.

But he did say that NATO membership of other nations in eastern Europe was "currently not on the agenda at all".

Germany urges 'prudence' in potential sanctions against Russia over Ukraine
 

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Comments (5)
Karsten Böhm
Karsten Böhm Jan 23, 2022 20:33
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'prudence'? Germany is dependent on Russian gas, really 'prudence' not?
Jonathan So
Jonathan So Jan 23, 2022 19:49
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Shouldn’t have closed down all nuclear power stations and signed up for russian gas forever; suppose Merkal legacy not looking good now !
Kristoffor Ward
Kristoffor Ward Jan 23, 2022 18:56
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Germans at it againwhats best for them and forget about all the potential dead in ukraine
Sam Dur
Sam Dur Jan 23, 2022 17:57
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Why does NATO still exists if not to threaten Russia? This teasing has to stop. Russia is not an enemy since 1986 when Soviet Union fell. Give Russians respect of the great nation. They deserve it.
ian Chamberlain
ian Chamberlain Jan 23, 2022 17:57
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then maybe they should try diplomatic routes 1st, rather than threatening a sovereign state by amassing 10000 troops on its border. crimea is a good example, had Putin just talked to Ukraine and other world leaders a peaceful transfer might have been possible, especially since the vast majority of people in crime wanted to be Russian. instead russia takes it be steath and force (although the force met with little resistance).NATO are only there to protect against an invasion, rather than to invade. if NATO didn't exist, how would all the smaller countries in EU defend themselves??
Phil Long
Phil Long Jan 23, 2022 16:29
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on shakey grounds to give advice i would say
 
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