Germany and Italy have allowed national companies to open ruble accounts in Russia’s Gazprombank to comply with the new natural gas payment scheme and avoid a supply cut-off, Reuters reported on Friday, citing sources.
The move comes after Poland, Bulgaria and most recently Finland refused to accept Russia’s new payment mechanism, resulting in gas flows from Russia being halted.
According to the outlet, the move was approved by Brussels after discussions with the European Commission and is not considered a breach of the sanctions that the EU placed on Moscow over the conflict in Ukraine.
Russia’s new payment scheme requires gas buyers from “unfriendly” countries that have placed sanctions on Russia to open accounts in Russia’s Gazprombank. They can then deposit funds in their currency of choice, which the bank converts to rubles and transfers to Gazprom.
Часто вопрос о том, где можно получить высококачественный маникюр и педикюр в удобном месте, стоит…
Kremlin spokesman Dmitry Peskov has voiced support for the Russian president's pick for a new…
President Vladimir Putin has proposed that Sergei Shoigu be replaced as Minister of Defense of…
The entire Ukrainian society would need to make sacrifices and forget about their peaceful lives…
Russian Prime Minister Mikhail Mishustin on Saturday unveiled his first picks for the new cabinet,…
One person was killed and at least four others wounded in a Ukrainian rocket strike…