Official says it's up to Turkey as NATO member to decide on purchase of Russian S-400World July 26, 14:09
Russian Navy gets 60 Kalibr missiles over three monthsMilitary & Defense July 26, 13:57
Russians fined about $1mln this year for smoking ban violationsSociety & Culture July 26, 13:57
Kiev court orders security service to launch probe against Poroshenko for high treasonWorld July 26, 13:54
Press review: Senate puts envoy to Moscow on hold and Erdogan trumpets S-400 dealPress Review July 26, 13:00
Russian Embassy in Turkey clarifying fate of citizens detained on Syrian borderWorld July 26, 12:36
Russian citizen removed from US domestic flight says he will sue air carrierSociety & Culture July 26, 12:28
Diplomat says US sanctions may destroy prospects for better relations with RussiaRussian Politics & Diplomacy July 26, 10:08
Survey suggests Russians showed little interest in Nemtsov murder caseSociety & Culture July 26, 8:33
The economy ministry said in June it was investigating whether to block the 5.1 billion euro sale of the DEA unit to the Letter One group of investors led by Russian tycoon Mikhail Fridman, which was announced in March.
Representatives of the ministry, RWE and the Letter One consortium declined to comment.
Europe and the US have imposed economic sanctions against Russia for its annexation of Ukraine’s Crimea region and its backing of pro-Russian separatists, who are fighting against government forces in eastern Ukraine. Russia, in turn, has slapped bans on Western food imports.
The German government could theoretically have used a clause in its foreign trade law that allows it to block takeover deals that threaten "public safety and order", but it would have been an unprecedented move.
RWE has previously said it expects the deal, which has already got antitrust approval from the EU, to be finalized this year.
The transaction came under criticism from senior German politicians in March as relations between Russia and the West deteriorated over Ukraine.
Germany currently receives more than a third of its gas and oil from Russia.RWE, like other German utilities, is struggling to adjust to a power sector shake-up as Germany moves away from nuclear energy and encourages a shift to more renewables, while Europe's energy demand is weak.
The shake-up has more than halved the debt-burdened firm’s market value in four years.
RWE has been looking for ways to reduce its debt of more than 30 billion euros, including cutting jobs and shedding assets.