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EU must end all economic ties to Russia as fast as possible, German finance minister says

Posted on April 6, 2022 by Alexis Juanita

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German Finance Minister Christian Lindner gives a joint push assertion with French Economy Minister Bruno Le Maire (not pictured) at the Finance Ministry in Berlin, Germany March 31, 2022. Tobias Schwarz/Pool by means of REUTERS/File Photo

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BRUSSELS, April 4 (Reuters) – The European Union must get the job done towards reducing all financial ties with Russia above its “felony” war in Ukraine, German Finance Minister Christian Lindner mentioned on Monday, but forged doubt around an quick embargo on Russian gasoline imports.

“We are dealing with a criminal war,” Lindner in Brussels ahead of talks with his EU colleagues. “It is distinct we must finish as quickly as attainable all financial ties to Russia. Gasoline cannot be substituted in the brief time period.”

He claimed that all solutions ended up on the desk and that an encompassing ban on all Russian power imports would inflict much more financial damage on EU member states than on Russia.

As a result the EU will have to appear separately at the probability of banning oil, coal or gasoline, which can be changed at various speeds.

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