Germany’s Scholz Urges Former Chancellor to Quit Russian Jobs
- Schroeder has refused to distance himself from Vladimir Putin
- Scholz says he’s opposed to the EU sanctioning Schroeder
Gerhard Schroeder, Germany's former chancellor.
Photographer: F. Carter Smith/Bloomberg
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German Chancellor Olaf Scholz increased the pressure on his predecessor Gerhard Schroeder to give up his lucrative jobs as chairman of both the state-owned Russian oil giant Rosneft PJSC and the shareholders’ committee of Nord Stream AG following Russia’s invasion of Ukraine.
A Social Democrat like Scholz, 78-year-old Schroeder served as chancellor from 1998 to 2005, but the former leader has become an embarassment to his party for refusing to cut his close ties to Russian President Vladmir Putin and Moscow’s state-owned energy companies.