The G7 refuses to pay in rubles and Russia threatens Europe with cutting off gas supplies

The G7 refuses to pay in rubles and Russia threatens Europe with cutting off gas supplies

Although he did not anticipate possible measures against countries that do not want to pay in Russian currency, he did assure that Russia “definitely” will not provide Europe with “free gas”.

“That’s for sure,” he said, noting that “it is hardly possible to commit to charity” in the current situation in the Eurasian country, according to the Russian news agency TASS.

The Russian President, Vladimir Putinordered to change the gas payment currency last week, although it guaranteed that Russia will continue to supply it according to the established volumes and prices.

Moscow’s threat was almost simultaneously with the reaction of the G7 countries who considered on Monday that demanding payment in rubles “is not acceptable”.

“Everyone the G7 ministers agreed that this is a unilateral and clear breach of contracts which means that a payment in rubles is not acceptable,” said German Economy Minister Robert Habeck after a telematic meeting with his G7 counterparts.

“I think this demand has to be interpreted as the fact that Putin is between a rock and a hard place,” he added.

Europe’s energy matrix depends 40% on Russia, which is why, up to now, most countries have been opposed to applying an embargo on Russian oil and gas due to the invasion of Ukraine, as the United States did, a country that only 3% mattered.

Source: Ambito

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