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Free AccessMerkel: Relations 'Not Good...But Both Sides Spoke During Cold War'
Speaking to the Franco-German Parliamentary Assembly, German Chancellor Angela Merkel states that "The relationship between the EU and Russia is not good. It is almost a conflict. But it is not by ignoring one another that we can solve the problems," adding that "during the Cold War, Europe continued talking to the Russians".
- Merkel also indicated her support for the EU to seek a summit with Russian President Vladimir Putin after his June bilateral with US President Joe Biden, stating that "In view of the hybrid attacks that affect us all - France, Germany, Italy, the Baltic States... - we thought it appropriate to confront the Russian President with...questions. Joe Biden discussed this with the Russian president, why can't Europe?"
- Prospect of a summit being agreed to quickly seems unlikely, though, with Merkel stating to the Assembly "that the EU speak with one voice", meaning a large amount of member state coordination will have to be carried out to reach a united voice.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.