Scholz Tells Ex-Chancellor Schroeder to Exit Russia Energy Posts

Germany Tries to Rely Less on Russian Energy
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German Chancellor Olaf Scholz called on former leader Gerhard Schroeder to give up board seats on Russian energy companies in the wake of Russia’s invasion of Ukraine.

Schroeder, 77, is chairman of state-owned Russian oil giant Rosneft PJSC and of the shareholder committee of Nord Stream AG, which built a Russia-to-Germany natural-gas pipeline that Scholz halted last month. Schroeder, a Social Democrat like Scholz, served as chancellor from 1998 to 2005.