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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Putin Backs Down, Says Russia Gas Can Be Paid In Euros (932 Views)
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Putin Backs Down, Says Russia Gas Can Be Paid In Euros by sanpipita(m): 7:23pm On Mar 30, 2022 |
The Russian leader said money would be paid into Gazprom Bank, which is not a subject of sanctions, and then transferred in rubles to Russia, according to a German statement. Germany's government said on Wednesday it has received assurances from Russia that Europe would not have to pay for Russian gas supplies in rubles. Olaf Scholz's office said Russian President Vladimir Putin told the German Chancellor Europe could continue paying in euros In a phone call with Scholz, Putin said the money would be paid into Gazprom Bank and then transferred in rubles to Russia, according to a German statement. The bank is not currently subject to sanctions. "Scholz did not agree to this procedure in the conversation, but asked for written information to better understand the procedure," a German spokesperson said. https://m.dw.com/en/germany-says-putin-agreed-to-keep-payments-for-gas-in-euros/a-61310461 |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Toktee(m): 7:26pm On Mar 30, 2022 |
Putin is a coward, even his followers here too 5 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by onyotakom: 7:27pm On Mar 30, 2022 |
E pain am |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by FERNANDEZISBACK: 7:28pm On Mar 30, 2022 |
Weak clown.. Putin better go on his knee and plead for forgiveness..cos he will be day dreaming if he thinks EU will pay in rubble.. He knows and understand the consequences of his actions..instead of paying in rubble I know they rather find an alternative.. Oil and gas are responsible for more than 60% of Russia's exports and provide more than 30% of the country's gross domestic product (GDP)...The effect of the 2014 oil price collapse on Russia's economy was fast and devastating...I bet you Putin understand that well.. In conclusion Russia needs oil exports to survive...that's Putin's last Hope now.. 5 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by gambojimeta: 7:37pm On Mar 30, 2022 |
Not suprised he started singing a different tune a few hours to his deadline of March 31st Coward chicken. 5 Likes 1 Share |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by gambojimeta: 7:39pm On Mar 30, 2022 |
FERNANDEZISBACK:He did not expect that G7 will reject his demands, or should I say cheap blackmail. The sky is big enough for all birds to fly. Still, Europe will find alternatives, now that he has played his jokers. 1 Like |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by paafin(m): 7:53pm On Mar 30, 2022 |
Can't find this news anywhere else or this seems to be German wishful thinking 2 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by gambojimeta: 8:04pm On Mar 30, 2022 |
paafin: Maybe you don't know how to use the internet Tomorrow is Putin's 31st of March deadline and he rightly got the middle finger. The coward dictator changed his stance just before the deadline 5 Likes 2 Shares
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Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by oluobi(m): 8:15pm On Mar 30, 2022 |
paafin: It's not very clear yet. I think this is German interpretation of the conversation between the two leaders. You can see this from this quote from the article: "Scholz did not agree to this procedure in the conversation, but asked for written information to better understand the procedure," a German spokesperson said. 2 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Abfinest007(m): 8:21pm On Mar 30, 2022 |
Laughable |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Sadr: 8:21pm On Mar 30, 2022 |
Russia will sign the law on the 31st of March. It will come into effect on the 1st of April. If anything otherwise, it should be Russia news that carry it. 1 Like |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Elvictor: 8:22pm On Mar 30, 2022 |
oluobi: Do you even reply that one , he loves fake news |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by oluobi(m): 8:38pm On Mar 30, 2022 |
Sadr: Exactly, it will become clearer, when we hear from the Russians. |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by ulle: 8:44pm On Mar 30, 2022 |
What it all means is the Germans will take their Euros to Gazprombank and buy Rubles, then pay for the gas in Rubles. No more paper accounts but hard currency transfers. Scholz describing Russia’s energy as “essential” for the survival of Germany’s economy. https://www.rt.com/russia/553009-putin-and-scholz-talk-gas/ paafin: |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by VictorUSA(m): 10:07pm On Mar 30, 2022 |
Just before the deadline, he danced backward like a dunce.This confirmation that this man is a joke. 2 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by hayprof77(m): 10:50pm On Mar 30, 2022 |
when Putin has withdrawn already 1 Like |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Nobody: 7:52am On Mar 31, 2022 |
sanpipita:Comprehension can be difficult at times sha! I took a screenshot of your link and from the bbc. It is very clear the EU has capitulated and will be buying in rubles. Mechanism is to take your euro to an unsanctioned Russian bank who will help you convert it to ruble first at a rate set by Russian central bank, before it will be transferred to Gasprom for gas. In other word, you will be buying ruble with your euro from Gazprombank. It is on the bbc. The western media shamelessly trying to give a different headline for those who won’t read the content. https://www.google.com/amp/s/www.bbc.com/news/world-europe-60932975.amp 2 Likes
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Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Truvelisback(m): 10:29am On Mar 31, 2022 |
Toktee:He isn't a coward. He is only being lenient with them. |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Nobody: 11:03am On Mar 31, 2022 |
Truvelisback: He never backed down, Europe did, they are to buy ruble from gazprombank with euro at Russian central bank fixed rates to pay for gas. It was always Europe that was choiceless. 3 Likes
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Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by alcuin(m): 12:12pm On Mar 31, 2022 |
princeeze1: Meaning nothing much really changed. Just that they will be sourcing Ruble from Russia bank directly instead from the open financial market. Russia is even making it easy for them to get Ruble. All in all, it will increase the value of Ruble at the end. We are already seeing the value of Ruble coming back to where it was before the "military operation" in Ukraine. By the time Russia extends this policy to all her commodities' exports, the Ruble will pump hard. The USA weaponised Dollars, now Russia is weaponising her commodities. From all indications, things are not looking well for western Europe and the USA. We pray that desperation should not drive them to invade Russia, as this will lead to the bloodiest war in the whole of human history. 3 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by seunny4lif(m): 12:17pm On Mar 31, 2022 |
Fake headline Europe will pay Russia to help bUy Rubles, which is only available with CBR and then use the money to pay for Russia gas. Ruble hit all time record of 82.5 to dollar, meaning some companies are already buying rubles in large quantities. This morning, MF warns Russia sanctions threaten to chip away at dollar dominance - FT Russia will maybe by ending of April will make it law to use Ruble for all export and Russia met with India today to discuss that 2 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Nobody: 1:56pm On Mar 31, 2022 |
alcuin:Exactly, Russia is simply making the sourcing of ruble easier for them using gazprombank. 1 Like |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by mikael11(m): 2:00pm On Mar 31, 2022 |
Here is the update of the news ⚡️Payment scheme for Russian gas in rubles is ready, will be made public very soon - Kremlin Subscribe to RT /rtnews https:///rtnews/22979 |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by paafin(m): 3:07pm On Mar 31, 2022 |
gambojimeta: Have you seen today's news? 2 Likes |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Nobody: 3:17pm On Mar 31, 2022 |
https://www.rt.com/business/553034-us-russia-fertilizers-sanctions/ I have always said it that the US will throw Ukraine under the bus to save petrodollar. They are already stylishly rolling back sanctions in the name of essential commodities, with the EU to follow suit same rollbacks. Foolish zelensky! If you could decide against gas, what is fertilizer and medicine/tech. This is just shameless stylish rapprochement! |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by paafin(m): 3:19pm On Mar 31, 2022 |
princeeze1: Any deal will be in Rubles.. US and group of countries should take note 1 Like |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by gambojimeta: 3:28pm On Mar 31, 2022 |
paafin: Has he shut the gas pipeline like he said he would? That's his final joker right but the EU and G7 will give him a 2nd middle finger. Anyway Russians can keep enjoying the sanctions. I read that cost of new car sales in Russia has increased by over 20% and prices of commodities gone through the roof https://www.youtube.com/watch?v=MR-dFfB9Z1g |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by Svlla: 4:40pm On Mar 31, 2022 |
Am expecting Rouble to close at below 80 by the CoB today seunny4lif: |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by greatness77: 4:49pm On Mar 31, 2022 |
sanpipita:Fake news, april 1 is d deadline, tomorow is a goal |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by greatness77: 4:56pm On Mar 31, 2022 |
gambojimeta:tmorow april 1st he will turn dem off, i watched putin live, f**k west |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by greatness77: 5:03pm On Mar 31, 2022 |
gambojimeta:Nawa oo africans tufia!! Dis is fake news, watch what we happen tmoro if they didnt pay in rouble i watched putins televised speech today |
Re: Putin Backs Down, Says Russia Gas Can Be Paid In Euros by paafin(m): 5:05pm On Mar 31, 2022 |
gambojimeta: Is today 1st April or is your brain paining you already?? |
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