Russian historical epic Viking to be released in Italy, UKSociety & Culture March 30, 2:11
Putin visits ice cave during Arctic tourSociety & Culture March 30, 0:02
West’s reaction to Russian protests part of long-planned campaign - diplomatRussian Politics & Diplomacy March 29, 23:56
Putin orders Defense Ministry and FSB to ensure protection of Russia’s interests in ArcticMilitary & Defense March 29, 21:46
Kiev aware of few chances to win in debt lawsuit case — envoyBusiness & Economy March 29, 20:52
Russian top diplomat dismisses claims about human rights violations in Crimea as liesRussian Politics & Diplomacy March 29, 20:23
Moscow suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
Lavrov reiterates there are no facts substantiating Iran’s links to terroristsRussian Politics & Diplomacy March 29, 19:40
Russia to upgrade helicopter protection system based on Syrian experienceMilitary & Defense March 29, 19:00
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.