Russian President Vladimir Putin and German Chancellor Olaf Scholz spoke by phone on Wednesday to discuss Moscow’s demand that Berlin pay for Russian gas with rubles, rather than in euros or dollars. According to the German version of events, Putin agreed that payments would continue for the moment in either …
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Russian President Vladimir Putin and German Chancellor Olaf Scholz spoke by phone on Wednesday and agreed to hold talks on Berlin paying for Russian gas with rubles. According to Germany, Putin agreed that payments would continue for the moment in either dollars or euros, with the Kremlin stating that these …
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The UK prime minister’s spokesman said on Wednesday the nation would not pay for Russian gas in rubles as Moscow demands. London is liaising with British companies who might be concerned about the issue or its impact on industries and manufacturers across Europe, he added. The statement comes as the …
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Kremlin spokesman Dmitry Peskov indicated on Wednesday that all of the nation’s energy and commodity exports could be priced in rubles. Moscow has already demanded that gas exports to hostile countries should be paid for in the Russian currency. Peskov was asked about the comments by parliament speaker Vyacheslav Volodin, …
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The Group of Seven major economies have collectively agreed to reject Moscow’s demand to pay for energy imports from Russia in rubles, according to Germany’s energy minister Robert Habeck. “All G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts,” Habeck told journalists …
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The switch to rubles for gas payments, announced earlier this week by Russian President Vladimir Putin, would force the European Union to circumvent its own anti-Russia sanctions if it wants to keep the gas flowing in, Germany’s Der Spiegel reported, citing economy experts. According to Düsseldorf economist Jens Südekum, in …
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Leaders from some European Union member states have claimed that Moscow’s demand that “unfriendly” countries pay rubles for Russia’s gas could breach supply contracts, Reuters reported on Thursday. On Wednesday, Russian President Vladimir Putin ordered that gas contracts with “unfriendly countries” – those responsible for sanctions against Russia – be …
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Russia had no other choice but to switch to its national currency, the Russian ruble, in its energy trade with Western nations, after sanctions were imposed on the country, Russia’s former head of state explained to RT and Ria Novosti journalists on Thursday. Dmitry Medvedev, who served as Russia’s president …
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Russia addressed the concerns of European countries on Thursday about the plan to switch settlements for gas delivery from euros to rubles. Serbian President Aleksandar Vucic said that Moscow’s decision would create many problems. He explained that Bulgaria, the country through which gas supplies to Serbia and Hungary is delivered, …
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