Saturday, December 10, 2005

Schroeder Gets Paid with Gas

Former German Chancellor Gerhard Schroeder seems to be coming out just fine after (barely) losing the elections earlier this year. The man who was one of the strongest critics of the U.S. and probably the biggest European friends of Russian president Vladimir Putin, gets rewarded with a post as the head of the shareholders committee of the gas pipeline that conveniently circumvents Germany's eastern neighbor Poland. So Gerhard gets the prize and Poland gets punished for standing up to its bully neighbor to the east.

Something stinks here, especially since Schroeder vigorously lobbied for this pipeline when he was the chancellor. He might regret this, however, because getting in bed with Gazprom and the rest of Russian gas interests may not be the cleanest arrangement.

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