Germany says Putin proposes procedure to continue gas payments in euros

2022-03-31 07:54:52Xinhua Editor : Li Yan ECNS App Download

Russian President Vladimir Putin on Wednesday told German Chancellor Olaf Scholz that European partners can continue paying for Russian gas in euros, according to a statement of the German government.

During a phone conversation, Putin said payments will continue to be made in euros and will be transferred as usual to Gazprombank and converted to rubles.

Scholz did not agree to the procedure proposed by Putin during the conversation but asked for written information in order to understand the procedure more precisely, according to the statement of the German side.

Last week, Russia announced that it would only accept payment for gas imports in rubles from "unfriendly countries." In response, the Group of Seven (G7) rejected payments in rubles, citing reasons of contractual compliance.

Wednesday's statement stressed that the G7 agreement on making payments in euros or dollars still applies.

Earlier on Wednesday, Germany announced the first stage, or the early warning level, of its gas emergency plan, saying that it's for "precautionary purposes." 


Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]