At the WELT 2022 World Economic Summit in Berlin on 15. 03 German Chancellor Olaf Scholz said he fully relies on the power of sanctions in the war in Ukraine: punitive measures have had a stronger effect " They will especially affect wind and solar energy..
About this evening 15. 03. 22 reports the German edition of “Die Welt”.
Chancellor Scholz ruled out military intervention by NATO despite Russia's ongoing offensive against Ukraine, growing death toll and destruction. West continues to rely on sanctions against Russia, Chancellor says at WELT 2022 economic summit.
“We will not create no-fly zones over Ukraine. This will mean a direct military confrontation with Russia, with Russian fighter jets," “I agree with US President Joe Biden, French President Emmanuel Macron and other allies that there should be no armed conflict between NATO and Russia.. Nobody can want it"
This means that Scholz has changed his position on one of the most sensitive issues in Russia..
The Western Alliance continues to believe in the effectiveness of measures aimed primarily at the Russian economy. The head of the ECB, Christine Lagarde, also said that the sanctions have already "
“Europe has shown strength and determination in times of danger in recent weeks,” Lagarde said at an event that brought together national and international politicians and business leaders titled “War in Europe - Germany: How radically we must change course?
Dopfner: "
At the same time, the CEO of Axel Springer SE, the House where the summit was held, Matthias Dopfner, expressed disagreement with the opinion of the two previous speakers. “Vladimir Putin’s aggressive war against Ukraine is a threat to democracy and a market economy. It is all the more important that politics and business enter into a personal dialogue about the implications and possible courses of action for all of us,” Dopfner said.. In any case, the measures in the form of sanctions turned out to be an illusion.. We need new concepts”.
The naivety of Europe and the pride of Russia.
Ulf Poshardt, editor-in-chief of the WELT Group, explained: “Two years of the pandemic have exhausted the world. It is in this situation that Putin is now starting a war in the center of Europe and tightening his dictatorship in his own country.. New federal government faces huge challenges.
The German government, together with its Western allies, has imposed a series of sanctions against Russia, the country's economy and individuals, including President Putin and other members of the government and people close to him.. Further measures to be announced if Russia does not stop its attacks.
War, oil and the end of illusions.
Monday 14. 03 The US government expanded measures and imposed sanctions against a number of Russian officials and Belarusian ruler Alexander Lukashenko and his wife for human rights violations.
Scholz finds them very effective.
“Together with our allies in Europe and the US, we have prepared very clear sanctions,” the chancellor said.. President Vladimir Putin may have been planning this war for a year and preparing for the economic backlash of the international community, but he underestimated our resolve: the sanctions are having a stronger impact than Russia could ever imagine.”.
However, the chancellor also said that these measures will also affect Germany and its citizens.. After all, this will also affect its own economy, supply chains, trade relations.. The federal government plans to discuss a comprehensive package of assistance for consumers and companies in connection with rising energy prices as soon as possible.
In response to the Russian attack, Germany is also planning an unprecedented increase in funds for its own armed forces and reducing dependence on Russian supplies of raw materials.. “Our supply structure needs to be refocused so that we can access different sources. We plan to buy more liquefied gas, increase natural gas storage and replenish our coal reserves,” Scholz said..
Above all, Germany must use renewable energy to move away from fossil fuels forever.. “This year we must remove legal obstacles to promote the use of wind and solar energy. We must not allow ourselves to be fooled,” the chancellor said..