[unable to retrieve full-text content]

The energy giant Rosneft’s local subsidiary is currently under a Berlin-appointed trusteeship The nationalization of Rosneft’s assets in Germany would be tantamount to confiscation, a step which would have far-reaching consequences, Kremlin spokesman Dmitry Peskov warned on Thursday.

The EU’s economic engine will continue to stall despite declining inflation, the German central bank warns German economic output stagnated in the second quarter of 2023 after contracting in the two previous quarters, and growth is expected to remain muted in the near term, the Bundesbank reported on Monday.