The Kremlin’s deadline was supposed to expire tomorrow, and Russia would then only accept payments in rubles for gas deliveries. This was announced by President Vladimir Putin. Yesterday, however, there was a telephone conversation between him and Chancellor Olaf Scholz. According to government spokesman Steffen Hebestreit on Wednesday evening, Putin said that nothing would change for the European contract partners. Payments would continue to be made exclusively in euros and transferred as usual to Gazprom Bank, which is not affected by the sanctions. The bank would then convert the money into rubles.
Continue reading now
… and get free access to this Professional Briefing for a month.
Are you already a guest at the Europe.Table? Log in now