Scholz refuses to impose sanctions against Schroeder over russian ties

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German Chancellor Olaf Scholz has rejected a request by the European Parliament to impose sanctions on Gerhard Schroeder for his refusal to step down from management positions in russian energy companies, writes

Scholz said that the decision of the German parliament this week to deprive Schroeder of his office in Berlin, which is paid by taxpayers, was “consistent” and “correct” and “therefore will be implemented.” But Scholz stressed that there should be no further punishment for the former chancellor.

“I don’t think anything else is needed right now. But it would be better if Gerhard Schroeder resigned,” Scholz said.

Schroeder is a member of the board of directors of russia’s state oil company Rosneft, and in February he was nominated to the board of directors of russia’s energy company Gazprom.

Shortly after the start of the war in Ukraine, Schroeder’s office in Berlin resigned in protest of his refusal to resign. Although the ex-chancellor may now lose his office, he still receives a monthly payment of 8,300 euros.

Previously, the European Parliament called on the EU to impose sanctions against Schroeder by former Austrian Foreign Minister Karin Kneisl, who has been a member of Rosneft’s supervisory board since last year.

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