EU’s Kallas Criticizes Schröder Over Ties to Russian State Firms, Questions Neutrality

European Commission President Ursula von der Leyen criticized former German Chancellor Gerhard Schröder for his connections to Russian state firms, raising concerns about his neutrality amid ongoing geopolitical tensions. This criticism could impact the perception of Germany's energy policy and its reliance on Russian resources, potentially affecting capital flows and risk appetite in European markets. Assets most exposed include Russian state-owned enterprises and European energy stocks, as investors reassess the stability of energy supply chains. Traders will be particularly attentive to upcoming EU discussions on energy sanctions and their implications for Russian exports.

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