1648722337 The EU does not yield to Putins order and refuses

The EU does not yield to Putin’s order and refuses to pay for Russian gas in rubles

In the latest battle over Russian gas, Vladimir Putin launched an ordeal last week: the country that wanted to buy it had to pay in rubles. The European Union’s response, agreed in consensus with the G7 heads of state and government, is clear: they do not accept. According to a spokesman for the European Commission and Energy Commissioner Kadri Sismon, Russia’s demands were unanimously rejected.

The energy keepers argued that the contracts Gas supply must be respected and that in them indicates that the Payment is in euros or dollarswhich is why G7 and EU members will urge companies operating in their territories not to comply with such demands.

All G7 agree that it is a fracture one-sided and clear treated. In most cases, the current supply contracts for natural gas from Russia provide for the euro as a means of payment,” said German Economics Minister Robert Habeck in a statement. The German minister said that members of the G7 and the EU “see no reason” to deviate from the terms set out in the treaties and believes that Putin’s demands for payment in rubles have “no legal basis”.

SUBMITTED - June 29, 2020, Brandenburg, Meseberg: French President Emmanuel Macron speaks during a press conference.  Macron announced his candidacy for a second term in a letter to the French people published Thursday evening.  Photo: Kay Nietfeld/dpa-Pool/dpa (FILE PHOTO) 06/29/2020 USE ONLY IN SPAIN

Last week Russia announced its intention to require all states that have imposed sanctions on the country to pay in rubles for Russian gas purchases. the russian president He pointed out that the country will continue to supply gas in accordance with the volumes and prices stipulated in the contracts, although he has the iintention to change the Currency.

the russian governmentwith him Central Bank of Russia and Gazpromthey must submit a report to Putin this Thursday on the implementation of the necessary changes to .. enter Payment in rubles for gas exports to countries hostile to Russia, according to the Kremlin.