Uncover what's happening in the territories under Russian occupation
WATCH NOW
Skip to content
Edit post

German companies Uniper, RWE pay for Russian gas under Putin's scheme.

by The Kyiv Independent news desk June 1, 2022 8:30 PM 1 min read
This audio is created with AI assistance

Under the scheme, buyers are obliged to deposit euros or dollars into an account at Russia’s Gazprombank, which has to convert them into rubles and transfer the payment to Russian gas giant Gazprom. In March Putin demanded that European consumers pay for gas in rubles in violation of gas supply contracts. Eventually the European Union refused to pay in rubles, and the Kremlin came up with the Gazprombank scheme. Tim McPhee, a spokesman for the European Commission, said on May 12 that the Gazprombank scheme would breach EU sanctions because it involves Russia’s central bank, which has been sanctioned by the European Union.

News Feed

2:18 AM  (Updated: )

Moldova's Sandu advances to presidential run-off, winning after 'unfair fight.'

"The people of Moldova have spoken: our EU future will now be anchored in the constitution," Sandu said on X. "We fought fairly in an unfair fight—and we won. But the fight isn’t over. We will keep pushing for peace, prosperity, and the freedom to build our own future."
10:35 AM  (Updated: )

Update: Russian attacks against Ukraine kill 5, injure 38 over past day.

Ukrainian air defenses shot down 59 of the 116 Shahed-type attack drones launched by Russia overnight, the Air Force said. Forty-five drones were reportedly "lost" on Ukrainian territory, and 10 more are still present in the Ukrainain airspace at the time of the publication.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.