RT: Russia's Putin and Germany's Scholz talk gas for rubles
Vladimir Putin assured his German counterpart that gas contracts wouldn’t be affected by the switch to Russian currency Russian President Vladimir Putin and German Chancellor Olaf Scholz spoke by phone on Wednesday to discuss Moscow's demand that Berlin pay for Russian gas with rubles, rather than in euros or dollars.
According to the German version of events, Putin agreed that payments would continue for the moment in either of the two Western currencies, with the Kremlin stating that these payments would then be converted into the Russian currency.
Moscow claimed that Putin explained to Scholz that his government is now demanding payment in rubles “due to the fact that, in violation of international law, the foreign exchange reserves of the Bank of Russia were frozen by the EU member states.” However, Putin told Scholz that the switchover would not result in less advantageous contract conditions for German importers.
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Update: Russia's Putin, Germany's Scholz spoke, agreed to hold talks on gas purchases in roubles (FXStreet) WNU
Editor: The agreement is that Germany would pay for the natural gas to the Gazprom Bank, which is not a subject of sanctions, and then transferred in rubles to Russia. More details here .... Germany says Putin agreed to keep payments for gas in euros (DW), and here .... Germany claims Russia ready to convert gas payments into rubles through Gazprombank (TASS).
This is a huge win for Putin. And so much for sanctions.
8 comments:
If this goes through then it's basically a greenlight for Russia to use Gazprom bank for a whole lot more than just natural gas. Apparently it's too big to fail, so to say.
Scholtz is not a serious person. Look at his antics, when he was a young politician.
At least as far as we know he is not corrupt like Mr. 10% (aka Joe Biden).
Rmb and rubles are the future. Trash the US dollar.
The sanctions are just down. So, is it bad? Not really because sanctions never work. They was supposed to be a "deterrent" for Putin, well we see that since more than one month. Words against action is always a loosing bet.
West crumbling like a cookie
Maybe usa should focus on their Mr 10% president and sort out their own issues
Hahahahahaha well done Putin!
Not quite sure what you are talking about?
Putin asked for ruble and has nt got it.
Nobody has sanctioned gas deliveries so far.
What ever russians do with euro in their bank who cares converting it to ruble is normal thing.
The point was and is that gas supply is not sanctioned
What ever putin does to tell lies to his brainless auditory who caes
A victory over a yella dog coward don't mean much!
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