Yesterday, Putin had a chat with the Chancellor....saying Euros could still be used in accordance with the natural gas contract.
The wording today? Russia says you (as a country) must have an account with the GAZPROM Bank, and via it....you can pay in Euro.
The GAZPROM Bank would then take the Euro (in theory) and convert it into Rubles.
Odds of this being a permanent thing? I'd say for three months, it'll run this way, until Putin decides to modify the rules again.
What will GAZPROM do with the Euro? One could ask that question, but it's likely to be siphoned off to the Oligarch folks, and sent to some private bank outside of the country.
No comments:
Post a Comment