Payment via Gazprom Bank: only a "Putinian Smoking Candle"?

As of today, according to the Kremlin, Russian gas is to be paid for only in rubles. But because the Western countries insist on the contractually agreed payment in euros or dollars, the Kremlin has come up with a detour via Gazprom Bank. However, this is unlikely to change anything.

Lukas Knigge

01. April 2022

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Lukas Knigge

01. April 2022

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Last updated: 24. July 2025