Germany resists and does not want to deal with the Russian “blackmail” with the payment in rubles of gas and wants to pay as before, only in euros.
As Russia’s Gazprom halted gas supplies to Poland and Bulgaria on Wednesday (April 27th) due to non-payment in rubles, Germany said it would not be “blackmailed” and would continue to pay in euros.
Fears that several states could be hit, especially Germany, Europe’s industrial power, which in 2021 relied on Russia for more than 50 percent of its gas, have led to rising gas prices, according to Reuters.
Economy and Climate Minister Robert Habeck said he took Russia’s decision “very seriously, but not to the extent that the situation would cause anxiety”.
President Vladimir Putin’s demand for ruble payments for gas is central to Russia’s response to sanctions that include freezing hundreds of billions of dollars in Russian assets.
Germany will not comply with Russia’s request for payment in rubles of gas delivered to Europe from April
At the end of March 2022, Russia again warned that it would deliver natural gas only with payment in rubles, according to Kremlin spokesman Dmitry Peskov.
Vladimir Putin announced in recent days that Russia will not accept payments for natural gas and oil in dollars or euros, receiving only rubles from “unfriendly” countries.
The decision was taken to counter the economic sanctions imposed on Russia by Western states after the invasion of Ukraine, measures that led to the sharp fall of the national currency and the entire economy.
The Kremlin leader has given the Russian authorities until March 31 to prepare the payment system to accept the change.
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