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Friday, August 17, 2018

Germany: Top German social democrat urges bank to end Israel boycott support


Via The Jersusalem Post (Benjamin Weinthal):
Michaela Engelmeier, a member of the executive board of the Social Democratic Party of Germany, demanded that the Bank for Social Economy stop providing accounts to groups that support the Boycott, Divestment, Sanctions campaign against the Jewish state.

“My opinion is that no one, no institution, no societal group, really no one should work together with BDS or hold accounts for these antisemitic groups,” Engelmeier wrote The Jerusalem Post on Thursday in connection with a query about the Bank for Social Economy’s enabling of BDS.

The Cologne-based Bank for Social Economy is engulfed in an ever-widening anti-Israel scandal because of its defense of BDS groups which use accounts with the bank to launch economic warfare against the Jewish state.

Engelmeier’s call for the bank to stop its BDS business is the first instance of a federal-level politician in Germany weighing in on the bank.

The increase of pro-BDS activities in Germany prompted Felix Klein, the German government commissioner for the fight against anti-Semitism, to write in Die Welt last week that Frankfurt sent an important signal that it will not conduct business with banks that engage in BDS activities.

Klein wrote that “the BDS movement is antisemitic in its methods and goals.” He added that BDS’s “Don’t buy!” stickers on products from the Jewish state are “methods from the Nazi period.”
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