Russia insists that the gas it supplies is paid exclusively in rubles. Germany, Italy, the European Union and the G7 categorically reject this, which could affect the delivery of this energy source. The new situation has led to the countries of the European Union initiate preventive crisis measures for gas supply.
One thing is for sure, everyone is dependent on Russian gas, and the biggest damage would be suffered by the German economy, so it should come as no surprise that The country’s economy ministry issued an “early warning” of the emergency plan and appealed for general austerity.
Authorities called on citizens and companies to reduce consumption because “every kilowatt-hour is important.”
“We need to take precautions in case Russia does something more radical,” said Robert Habek, the economy minister.
In addition to the “early warning”, Germany has an emergency plan that includes the level of alert and the level of emergency. This means that in the event of a supply disruption, households, hospitals, firefighters and police will have an advantage in the supply, world media report.
Germany continues to pay in euros
However, after talks between Vladimir Putin, the President of Russia, and Olaf Scholz, the Chancellor of Germany, a decision was made that this country should continue to pay for gas deliveries in euros.
In a telephone conversation, Putin explained that European buyers can continue to pay Gazprom Bank, exempt from sanctions, in foreign currency from Friday, ie the arrival of the law on the obligatory payment of gas in rubles. The bank will reportedly convert euros into rubles, dpa reports.
The Kremlin previously announced that the transition to payments in rubles will not affect Germany and that it should not “worsen the conditions for European importers of Russian gas.”
Source: Energetski portal Srbije by www.energetskiportal.rs.
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