That means foundation. You know, like the “climate protection foundation” SPD Prime Minister (Governor) of Mecklenburg-Western Pomerania Manuela Schwesig created to get around American sanctions to help Russia finish the Nord Stream 2 pipeline – which never went into operation although completed, for some strange reason.
Now that she got caught the “foundation’s” chairman of the board has stepped down so it can quietly be liquidated.
The foundation had been the subject of criticism since its establishment in January 2021 because, in addition to climate protection, its main purpose was to secure the completion of the Nord Stream 2 natural gas pipeline through the Baltic Sea. Companies involved in the construction had in fact been threatened by US sanctions.
Nord Stream 2 AG paid 20 million euros into the foundation’s coffers. Nord Stream 2 was completed – with the foundation’s support. However, because of the Russian invasion of Ukraine, it has not received an operating permit from the German authorities. Schwesig has come under criticism for her long adherence to Nord Stream 2. Accusations have been made that Russian forces pulled the strings in key areas of the foundation. Schwesig had played a key role in promoting the establishment of the foundation in 2021.