Germany Still Exporting Too Much Stuff

The German export surplus is still threatening the rest of Europe, the European Commission says.

Exports

Berlin disagrees, of course, pointing out that it imports tons of stuff, too.

Germany imports 24 percent of Russia’s natural gas exports, for instance, more than any other European country. It also has an 8.7 percent share of Russia’s foreign trade. Germany is also Russia’s biggest oil market, taking almost 700,000 barrels a day back in 2012. No dependency here. So quit the moaning already, Brussels, and let us get back to work.

“Der Handlungsbedarf ist erheblich angesichts der Größe der deutschen Wirtschaft.”

Where’s Gazprom-Gerd When You Need Him?

Probably taking tea at the “dyed-in-the-wool democrat’s” dacha.

Ukraine

When it comes to Russia’s unsolicited visit to Ukraine, German officials go out of their way to say that gas, money or jobs play absolutely no role in Berlin’s predictably soft-spoken, low-keyed, muffled, namby-pamby, wussy, pantywaisted and yellow bellied response to said unfortunate visit.

So now we all know of course that gas, money and jobs are probably playing the biggest role in Berlin’s said sad response to said event.

“Imposing sanctions on Russia because of Ukraine would put German jobs in danger.”

Gerd Knows Best

Ex-chancellor “Gazprom-Gerd” Schröder just can’t seem to sit still these days and has fired yet another salvo in his one-man undeclared unsolicited advice offensive.

Schroeder

He has now advised current chancellor Angela Merkel to leave office in a timely manner. For her own good, of course. And I, for one, certainly hope that she takes this advice to heart. If anybody out there knows about not having left office in a timely manner it’s this guy. In fact I think he should have left office a few days after having been elected. The first time, I mean. It would have only been for his own good, of course.

Gerhard Schröder—the former German chancellor, a man who said the Soviet Union of Leonid Brezhnev appeared more intent on peace than the Americans, and who since 2006 has been a Gazprom executive and Vladimir Putin’s chief shill among the countries of the European Union—has come up with a prescription for masking Moscow’s refusal to let Ukraine (or anyone else) leave Russia’s control and form an organic relationship with the West.

From Russia With Love?

I think it’s more like Goldfinger.

Khodorkovsky

Or maybe Live and Let Die?

Khodorkovsky will make a statement to the media from Berlin later on Sunday.

Chodorkowski verlässt Russland – wie viele Milliarden Dollar vor ihm (Khodorkovsky leaves Russia, like the many billions of dollars before him)

PS: I think it’s really Edward Snowden in one of those Mission Impossible mask thingies.

It’s OK That Obama Got Caught Saying That

Der Spiegel rushes to tell us.

Because other politicians have been caught on mic saying bad things, too.

Only they were bad. So there.

“Nach meiner Wahl habe ich mehr Flexibilität.”

Gazprom Gerd Strikes Again

Former chancellor Gerhard Schroeder (SPD) is always good for popping a cork or two.

This time he’s ruffled a few German feathers by getting all warm and fuzzy about his good old buddy Vladimir Putin again. More specifically about Putin’s stunning (not) election victory over the weekend, praising him for being the “flawless democrat” that he is.

But this is nothing new. Schroeder has always been generous with praise for Putin. Especially since landing that 1 million euro-per-year consulting job from him at Gazprom’s Nord Stream consortium – just a few months (weeks?) after having left office.

It’s the gas, stupid.

Wes Brot ich ess, des Lied ich sing.

Are you Putin me on?

So what do Germans do when their gas reserves are “unusually” low this winter because of the Russian cut-off of gas shipments through Ukraine? They do what anybody would do if they were in their position, and German. They give Vladimir Putin himself (some call him Gasputin, get it?) an 18-carat gold award entitled Saxony’s Order of Gratitude.

 

 Gasputin gonna gettcha!

 

Surprisingly though, the award, a gold carving of St George on horseback, has stirred some hurt feelings here and there because, well, it was also issued in Dresden, the place where Putin spent five years as a Soviet secret police officer back in the 1980s. Gasputin, who personally ordered the stoppage of Russian gas supplies to Europe last week, could not be reached for comment because of he didn’t want to be.

 

Germany is Gazprom’s biggest customer by far, by the way, and, unlike most of the other countries of central and south-eastern Europe, it continues to receive Russian gas via pipelines in the north that do not go through Ukraine. So if you think about it, there really is a lot to be thankful for, I guess.

 

I don’t make this stuff up people. I swear I don’t.

 

The award is supposed to be conferred on outstanding individuals who engage courageously for the present and future of Saxony and Germany.