RUSSIAN SANCTIONS – GERMANY REITERATES G-7 CURRENCY TERMS TO RUSSIA GAS FOR RUBLES
GERMANY ALONG WITH G-7 MINISTERS OF ENERGY REJECTS RUSSIAN RUBLE DEMAND FOR GAS EXPORT NON-CONSENSUS ON PROCURING RUSSIAN GAS IN RUBLES BY GERMANY AND G-7 The Russian President Vladimir Putin on March-23’rd announced gas for rubles which the European leaders do not agree upon substantiating their grounds on the enlisted currency stated in the contract. G7 stands for Group of Seven comprising United States, United Kingdom, Japan, Italy, Canada, France and Germany that dominates the global trade. Olaf Scholz , the German Chancellor in a communication with Russian President Putin didn’t agree with buying Russian gas in rubles. Olaf Scholz - German Chancellor, in a telephonic communication with President Vladimir Putin , did not agree to switch currency to buy Russian gas with Moscow. He, along with other member nation of the G-7 aren’t comfortable, whatever may be the reason, paying in Russian currency for procuring gas from Moscow. Olaf’s emphasized on the G-7 agre...