The Prime Minister of Saxony: Sanctions need to cancel, they are insolvent

Премьер-министр Саксонии: Санкции нужно отменить, они несостоятельны

Michael Kretschmer. Illustration:
The extension of EU anti-Russian sanctions are not profitable in Germany in General and Saxony in particular. This was stated by Prime Minister of Saxony Michael Kretschmer in an interview with the MDR.

“I think it’s extension by mistake. Sanctions have not led to de-escalate conflict, rather the contrary. Right now we are seeing the unacceptable impact of the American side on our big project “Northern stream — 2″. Sanctions proved to be ineffective, and they need to quickly cancel it, including because they have particularly strong effects on the economy of East Germany,” — said the Prime Minister.Kretschmer also said that many of the premiere East German Federal States and the Prime Minister of Lower Saxony Stephan Weil publicly criticized anti-Russian sanctions. The Prime Minister of Saxony, said that the number of supporters of the abolition of punitive measures is growing every day.

In addition, according to Kretschmer, in Saxony reflects a trade conflict between the US and China — trade war inhibit the industry, especially automotive (in Saxony are the largest enterprises of Volkswagen). An additional risk factor for the economy is energy policy and the transition to environmentally friendly sources of energy. Here Kretschmer stressed that this transition should be without prejudice to the international competitiveness of the Saxon economy, which is not always observed. That is why Saxony opposes unnecessary tax increase on carbon dioxide emissions.The politician also spoke on the topic of brexia, noting that a British exit from the EU could become a problem for both London and Brussels. Kretschmer assured that Saxony prepared for the consequences of breccia.

As reported by the Colossal , 12 December the leaders of the member countries of the EU extended for six months economic sanctions against Russia. The decision was taken at a summit in Brussels. Thus was extended the term of the sanctions expires January 31, 2020.

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