European gas imports

Reports that IOR (Vatican State Bank) issued their first payment in Rubles to Gazprom, today. Still looking for an official confirmation.

So it's a fake, it was a joke. Even Peskov today stated that they are not ready, yet. It's gonna take some more time.

mavaff wrote:So it's a fake, it was a joke. Even Peskov today stated that they are not ready, yet. It's gonna take some more time.

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I have no idea what that means but I assume its about ruble payment. They can always pay in gold.

Interestingly a reduction or stop in gas supply will close the Ukrainian pipeline.

So a side effect will be a huge loss in revenue for Kiev. Another unintended consequence perhaps?

kvs wrote:Retards on YouCrap are masturbating hard over Putin "blinking".  

Smokescreen. Instead of Deutsche Bank buying Rubles from VEB or VTB bank and german companies then using the Rubles from Deutsche to pay for gas the Euros are flowing into the german branch of Gazprombank, which "converts" them into Rubles and pays the gas. Result is the same.

Either way will increase demand for rubles and raise the value of the ruble. I also bet they will stop gas sales in dollars totally. And that was like a third of payments.

The Euros are still not getting the Russian plan. Idiots. A couple weeks ago the Russian government ordered Russian companies to make payments of their loans denominated in Euros or Dollars to numbered accounts denominated in Rubles. This decreased the amount of Euros and Dollars those companies need to hold. Then they forced importers and exporters to convert 80% of their foreign currency accounts to Rubles. And now they will be forcing the Europeans to pay gas in Rubles. They will allow the Europeans to convert Euros into Rubles. For now. But eventually they will convert less and less Euros into Rubles and force them to recycle Russian Ruble denominated debt into gas payments.

Russia will manage to convert their Euro, Pound, and a large part of their Dollar denominated private debts into Rubles magically. And these idiots still haven't figured it out.

lancelot wrote:The Euros are still not getting the Russian plan. Idiots. A couple weeks ago the Russian government ordered Russian companies to make payments of their loans denominated in Euros or Dollars to numbered accounts denominated in Rubles. This decreased the amount of Euros and Dollars those companies need to hold. Then they forced importers and exporters to convert 80% of their foreign currency accounts to Rubles. And now they will be forcing the Europeans to pay gas in Rubles. They will allow the Europeans to convert Euros into Rubles. For now. But eventually they will convert less and less Euros into Rubles and force them to recycle Russian Ruble denominated debt into gas payments.

Russia will manage to convert their Euro, Pound, and a large part of their Dollar denominated private debts into Rubles magically. And these idiots still haven't figured it out.

If they were geniuses they would throw out the Americans. Only dumb minions can rise to the top in colonies of Uncle Joe.

RAZOR'S DESTINY
@razor_destiny
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38m
The CEO of the world's largest German chemical concern #BASF,strongly opposes the imposition of an embargo on #energy supplies from Russia, stressing that it will lead #Germany to the most serious #crisis since the end of World War II.



Don't know the significance of this

₦₳V????????é???????? Z ~ a special military operation
@Navsteva
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29m
"The Gazprom Group terminated its participation in the German GAZPROM Germania GmbH"


Not sure if this is relevant as it has happened many times before.