German Chancellor Olaf confirmed SchultzThe Western sanctions that were imposed on Russia have costs and consequences that harm the German economy, explaining that the sanctions harm the Russian leadership and the Russian economy, and their intensity is increasing day by day.
The German chancellor added that, at the same time, we are making sure that these sanctions do not harm us and our partners in Europe more than they harm Russia, adding: It is good that companies support these steps, and I know that this brings them economic losses, but we are trying to prevent further damage. Through major loans, reduced fees and aid packages.
However, there will remain costs, but I also say that these costs are much less than the price we all have to pay if Russian President Vladimir Putin succeeds, the German chancellor added, explaining that the main goal of the German government is to end the conflict in Ukraine as soon as possible.
We are supplying weapons for the first time in such a conflict zone, the German chancellor said, explaining that achieving sovereignty over energy imports is a matter of national security.