Merkel Warns Putin Of “Massive Damage”, Russia Continues Piling Troops, Pro-Russia Oligarch Arrested, Gazprom Speaks
by Tyler Durden
It’s crunch time for Ukraine.
With just over two days to go until the Crimea referendum, all the actors are stepping up the diplomacy to a fever pitch in a desperate attempt to talk Putin out of formally annexing the peninsula following results which are well-known in advance will show the population’s allegiance to mother Russia. But while the generic rhetoric is well-known, one surprising place of escalation over the past 24 hours has been Germany’s Angela Merkel, who for the most part had been willing to stay on the sidelines in the war of words, has suddenly stepped up her own phrasing, and warned Moscow on Thursday that it risked “massive” political and economic damage if it refused to change course on Ukraine, saying Western leaders were united in their readiness to impose sanctions on Russia if necessary.
Reuters reports that the chancellor, using her strongest language since the start of the crisis and removing any suspicion that Germany might seek to avoid a confrontation with President Vladimir Putin, said his actions would lead to “catastrophe” for Ukraine and much more.
“We would not only see it, also as neighbours of Russia, as a threat. And it would not only change the European Union’s relationship with Russia,” she said in a speech in parliament. “No, this would also cause massive damage to Russia, economically and politically.”