EU issues guidelines for gas payments in rubles ...News

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EU issues guidelines for gas payments in rubles
Companies could pay in euros or dollars through a Gazprombank account, Brussels says EU companies may be able to work around Russia’s demand to receive gas payments in rubles without breaching sanctions, if they pay in euros or dollars which are then converted into the Russian currency, the European Commission (EC) said on Friday, according to Reuters. In an advisory document sent to member states on Thursday, the Commission reportedly said that Moscow's gas-for-rubles proposal does not necessarily prevent a payment process that would comply with EU sanctions against Russia. The document said there were options th

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