Industrial companies across Germany are facing a real prospect of scaling down operations or shutting down completely if natural gas flows from Russia stop, the Financial Times reported on Monday. According to the publication, Germany’s largest steelmaker ThyssenKrupp and the world’s largest chemicals company BASF have both warned that without ...
The EU will not withdraw the sanctions, imposed on Russia over the situation in Ukraine, if Moscow and Kiev sign peace treaty on Russia’s terms, German Chancellor Olaf Scholz said in his article for the Frankfurter Allgemeine Sonntagzeitung, published Sunday. “The part of the new reality is that the EU ...