Business news from Ukraine

GERMAN FINANCE MINISTER ADVISES GERMAN GAS COMPANIES NOT TO SWITCH TO PAYING FOR FUEL SUPPLIES IN RUBLES

German Finance Minister Christian Lindner advised German gas companies not to switch to paying for fuel supplies in rubles, which Moscow insists on.
“Contracts are contracts,” Lindner told Bloomberg Television on Wednesday. “Contracts are based on dollars and euros, and companies in the private sector have to pay in dollars or euros.”
He also said that Germany is ready for further sanctions against Russia. “We actively support all sanctions that serve to isolate Moscow politically and economically,” Lindner said.

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MINISTER OF FOREIGN AFFAIRS OF UKRAINE THANKS GERMANY FOR REFUSING TO PAY FOR GAS IN RUBLES

Minister of Foreign Affairs of Ukraine Dmytro Kuleba discussed with German Foreign Minister Annalena Baerbock the issues of toughening sanctions against the Russian Federation and strengthening the defense capability of Ukraine, and also thanked the German side for refusing to a demand of the Russian Federation to pay for energy in Russian currency.
“I spoke with Annalena Baerbock and thanked Germany for refusing to pay for Russian natural gas exports in rubles. Emphasized the need to impose new stiff sanctions on Russia. Informed on the frontline developments. The need to further strengthen Ukraine’s defense capabilities is urgent,” Kuleba wrote on Twitter on Saturday.

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