Thursday, May 1, 2014

SANCTION COMPLICATIONS

 Little Love for Sanctions: Ukraine Crisis A Tightrope Walk for German Businesses

The Ukraine situation is much more complicated than most realize. While the West pushes for more sanctions against Russia not everyone sees clearly through that window, especially Germany.

Germany is Russia's third largest trading partner. Gazprom, the half state-owned Russian gas conglomerate, is the largest gas company in the world and does big business with German businesses lining their coffers with huge profits. 

BASF, the giant international German chemical firm, does billions of euros in business in Russia. And that's just the tip of the business deals the two countries share. Read this for more.
http://www.spiegel.de/international/

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