RE: Putin demands roubles for Russian gas31 Mar 2022 16:32
borrowfundsfrommum
The office of German Chancellor Olaf Scholz issued a statement on Wednesday saying that the country will pay for Russian energy exclusively in euros or dollars as agreed in previously reached contracts.
According to the statement, Putin told Scholz that European countries with existing contracts will be able to continue paying in euros or dollars to Gazprom bank from April 1 since it is one of the rare banks not covered by western sanctions, and that the bank will then convert the received money into rubles.
The remarks follow a press release from the Kremlin released earlier today about the same topic.
Baha Breaking the News (BBN) / ND