EU warns members over Russian gas payments – media ...News

Moscow-proposed payment scheme violates sanctions, European Commission reportedly assessed The European Commission has told member states that it believes a new scheme, which Russia wants foreign buyers to use to pay for natural gas, will violate the bloc's sanctions, Bloomberg reported on Thursday citing an anonymous source. Moscow wants all payments to go through one bank and be converted into rubles. Russia has instructed buyers of its fuel operating in designated “unfriendly nations” to open two accounts in Russia’s Gazprombank, one in euro and one in rubles. The payments for gas would go to the euro account,

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