Contents tagged with Russian Ruble
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Russian administrator says ruble will be adopted in occupied territories in Ukraine
Russian civilian and military administrator Kirill Stremousov said the Russian ruble will be introduced in regions of Ukraine that are under Russian military control, specifically in the Kherson region.
“Beginning May 1, we will move to the ruble zone,” Stremousov said, as cited by Russia’s state-run RIA Novosti news agency.
He noted there would be a four-month grace period during which both the ruble and Ukraine’s currency, the hryvnia, could be used. “Then we will completely switch to …
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Slovenian PM: No one in Europe will pay Russia for gas in rubles
Slovenian Prime Minister Janez Janša said no European country will pay Russia for gas in rubles, Evropeyskaya Pravda reported. The remarks came after Russian President Vladimir Putin announced that Russia will demand “unfriendly” countries pay for gas with Russian rubles.
“I have decided to implement a set of measures to transfer payments for our gas supplies to unfriendly countries into Russian rubles," Putin stated.
Speaking ahead of the EU Summit in Brussels, Janša explained, “I don’t …