Ex-German Chancellor Schröder Joins Board of German Chain in Russia
Europe1 source1 country🔦 Under-reported47m ago
Former German Chancellor Gerhard Schröder has joined the board of a German retail chain operating in Russia. The move occurs as Western retail companies face increasing risks of state asset seizures by Russian authorities.
The threat of asset seizures has been publicly defended by Russian President Vladimir Putin. According to the reporting, Putin framed these actions as a direct response to the European Union's decision to freeze Russian state funds.
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How the coverage differs
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Moscow Times (RU)Highlights the geopolitical context of Western asset seizure risks and Putin's justifications.