If contracts are concluded in euros and dollars, then private sector companies must pay in this currency
German Finance Minister Christian Lindner has advised German businesses using Russian gas to disagree with the Kremlin's terms on payment for supplies fuel in rubles.
On Bloomberg Television, the head of the German Ministry of Finance stressed that the euro and dollar agreements must be respected.
” Contracts are contracts. If they are in euros and dollars, then private sector companies have to pay in that currency, “Lindner said.
In addition, the Minister stressed that Germany will continue to support sanctions against the Russian Federation for the political and economic isolation of Moscow. According to the politician, this will accelerate the onset of peace in Ukraine and the restoration of stability in Europe. It will be recalled that the Kremlin previously threatened Russian energy buyers to cut off supplies if they refused to pay in rubles. Such a move could cause significant damage to the European economy, as Russia provides about 40% of the EU's gas needs.
Read also: Latvia plans to give up Russian gas next year
It will be recalled that since the beginning of the full-scale war in Ukraine against Russia, five packages of sanctions have been imposed, which have sufficiently dampened Russia's economy. In particular, large investors left the country, stopped supplying raw materials and components for most production.
About “ The impact of sanctions on Russia's economy, its citizens and its ability to continue the war “read in the article by Nikolai Gavris.
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