Bloomberg learned about the EC warning about the violation of sanctions due to gas The

European Commission presented a preliminary legal analysis of the decree of President Vladimir Putin on payments for gas in rubles. They considered it a violation of EU restrictive measures against Russia

The European Commission warned the EU countries that paying for gas in rubles, as required by Russia , would be a violation of sanctions, Bloomberg reports, citing a source familiar with the findings.

The EC has presented a preliminary legal analysis of the decree of President Vladimir Putin, the agency reports. According to her conclusions, the document "creates a new legal situation". The new mechanism will allow the Russian state to have full control through the Central Bank over when the transaction is completed and the buyer can be released from obligations. Moreover, restrictive EU measures against Russia will be violated, according to the European Commission.

The EC has previously stated that the terms of the contracts must be respected, most of the payment in euros or dollars. The head of the European Commission, Ursula von der Leyen, called Russia's decision to transfer payments for gas into rubles an attempt to circumvent Western sanctions . According to her, the EU will not allow it. “The time when we could be blackmailed with energy carriers is over,” she said.

The Austrian Chancellor named the countries opposed to the ban on gas from Russia Politics

On March 31, Putin signed a decree on gas payments with "unfriendly" countries in rubles. From April 1, companies from Western countries must open two accounts with Gazprombank: one in rubles and one in foreign currency. Payment for gas will be transferred first to a foreign currency account, after which the bank will sell the currency on the MICEX-RTS exchange, and the received rubles will be credited to a ruble account. Payment will be considered completed only from the moment the funds received from the sale of the currency are credited to the ruble account.

At the same time, the Kremlin did not rule out that they could cancel the decision. “Certainly, if other conditions come. Here, in this case, there is nothing reinforced concrete, but in the current conditions, rubles are the most preferable and reliable option for us, ”said Dmitry Peskov, press secretary of the president.

Russia's demand to pay for gas in rubles was rejected, among other things, by the G7 countries (Great Britain, Germany, Italy, Canada, France, Japan and the USA ). Hungary, on the contrary, did not see this as a violation of sanctions against Moscow.

How Product Manufacturers Respond to Sanctions Articles Pro School of Sales. What to do, if the customer does not want to buy? Summary Pro Increased prices and reorientation of exports.

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