European Commission President Ursula von der Leyen speaks at the Munich Security Conference in Munich, Germany, Saturday, Feb. 19, 2022.
“The Kremlin’s dangerous thinking, which comes straight out of a dark past, may cost Russia a prosperous future,” von der Leyen said Saturday during the annual Munich Security Conference, where U.S. Vice President Kamala Harris also spoke. “In case that Russia strikes, we will limit the access to financial markets for the Russian economy and export controls that will stop the possibility for Russia to modernize and diversify its economy,” she added. “And we have a lot of high-tech goods where we have a global dominance, and that are absolutely necessary for Russia and cannot be replaced easily.”
“And at the same time, I stressed that diplomacy won’t fail because of us," Scholz added."As much diplomacy as possible without being naïve, that is our aspiration, and we are using all channels of communication for that.”
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