Germany Industry CEOs Meet With Scholz as Russia Pressure Mounts
- Deutsche Bank, Mercedes among some 25 companies attending
- Manufacturers increasingly concerned over soaring energy costs
Olaf Scholz
Photographer: Neil Hall/EPA/Bloomberg
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Chieftains of German industry including the heads of Deutsche Bank AG, Mercedes-Benz AG and Siemens AG have met with Chancellor Olaf Scholz on Tuesday amid growing concern over fallout from sanctions targeting Russian energy supplies.
While backing the sanctions introduced against Russia, the German industry heads outlined the challenges stemming from supply-chain disruptions and rising energy prices to Scholz, government spokesman Wolfgang Buechner said in a statement after the meeting.