Germany is from today on “Early warning level” of the contingency plan for possible lack of natural gas, as recently announced by the Minister of Economy and Climate Policy Robert Hubeck. Mr Habeck activated this stage “Due to impending deterioration of the supply situation”clarifying however that for the time being there is no problem in the process.
“Nevertheless, we must increase the precautionary measures so that we are prepared in case of escalation on the part of Russia“, Said the minister, as broadcast by the Athenian News Agency.
It’s about the first of the three levels of emergency, which does not provide for restrictions on the availability of gas and is a purely preventive actionHowever, Robert Habeck called on consumers – individuals and businesses alike – to save “as much as possible” on use. “Every kilowatt hour we save helps,” he said, adding that “the federal government is doing everything possible to continue to guarantee security of supply for the country,” adding that the European Commission has already been informed.
In terms Russia’s demand that gas supplies be paid in rublesMr Hambek emphasized that Germany was prepared and “would not accept any breach of contract”.
If you want gas, grain or metals “find rubles”, says EU Duma chairman
Meanwhile, Duma Speaker Vyacheslav Volodin warned the EU today that if it wants to import gas from Russia, it will have to pay in rubles. He added that the same could apply to exports of oil, cereals, metals, fertilizers, coal and timber.
After the West imposed severe sanctions on Russia for its invasion of Ukraine, Russian President Vladimir Putin demanded that the gas exported to the EU be paid in rubles. The G7 energy ministers rejected this request yesterday, Tuesdaywhile French President Emanuel Macron told his Russian counterpart that such a thing would be impossible.
“If you want gas, find rubles”Volodin said in a post today.
“In addition, it would be right, where this benefits our country, to expand the list of products priced in rubles in order to include: fertilizers, cereals, oil, sunflower oil, coal, metals, timber, etc.” added, as broadcast by Reuters and rebroadcast by the Athens News Agency.
Source: News Beast
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
