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EU: Companies with euro gas contracts should reject Russia's demand to pay in rubles.

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On March 31,  Moscow issued a decree requiring foreign buyers of Russian gas to open ruble accounts in state-run Gazprombank or risk being cut off. The European Union's executive quoted by Reuters said that companies whose gas supply contracts with Russia are fixed in euros or dollars should not breach those terms.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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In response to an increase in Russian aggression in the region, the Baltic states have placed a strong emphasis on strategic readiness in recent years, encouraging civilian preparedness and ramping up defense spending.

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