Berlin, March 31 (SocialNews.XYZ) Russian President Vladimir Putin has told German Chancellor Olaf Scholz that European partners can continue paying for Russian gas in euros, according to a statement published by the government in Berlin.
During a phone conversation on Wednesday, Putin said payments will continue to be made in euros and will be transferred as usual to Gazprombank and converted to rubles, Xinhua news agency quoted the statement as saying.
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.
Last week, Russia announced that it would only accept payment for gas imports in rubles from "unfriendly countries".
In response, the 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".
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.