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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (760454)	3/30/2022 2:37:11 PM
From: John Koligman	Read Replies (1) \| Respond to of 793778

Looks like Russia is already backing off on the getting paid in the 'rubble'.. NEWSGermany says Putin agreed to keep payments for gas in eurosThe Russian leader said money would be paid into Gazprom Bank, which is not a subject of sanctions, and then transferred in rubles to Russia, according to a German statement. Germany's government said on Wednesday it has received assurances from Russia that Europe would not have to pay for Russian gas supplies in rubles. Olaf Scholz's office said Russian President Vladimir Putin told the German Chancellor Europe could continue paying in euros In a phone call with Scholz, Putin said the money would be paid into Gazprom Bank and then transferred in rubles to Russia, according to a German statement. The bank is not currently subject to sanctions. "Scholz did not agree to this procedure in the conversation, but asked for written information to better understand the procedure," a German spokesperson said. Putin had said last week that "unfriendly" countries would have to pay for Russian gas in rubles. According to Russian news agency Tass, Putin told Scholz Russia's demands for ruble payments were justified "by the fact that, in violation of the norms of international law, the foreign exchange reserves of the Bank of Russia were frozen by the member states of the European Union." G7 countries rejected the demand to pay for gas in rubles saying would breach contracts. Germany on Wednesday triggered an emergency plan to manage gas supplies that could see Europe's largest economy ration power if a standoff over a Russian demand to pay for fuel with roubles disrupts or halted supplies. More to come...