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Topic: The first country in Europe to pay for gas to Russia in rubles - page 3. (Read 365 times)

legendary
Activity: 3150
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I googled it, and the first link online I got what on how the Vatican isn't paying in rubles . The report of it doing so was based on a tweet which turned out to be a joke, but some media fell for it, so it became widely spread. I see that people in the thread also point out the questionable credibility of this news, and it seems that they're right to do so. As for the question about gas and rubles, if you mean the first country in Europe geographically, then I'm sure Serbia won't mind, as it's already very pro-Russian. If you mean the EU, it seems to me that they're against rubles, but that there's a workaround via Gazprombank, so that EU countries can pay in euros, and the bank can convert the payments to rubles.
In the meantime, we have the first EU country that abandoned Russian gas despite being heavily dependent on it: Lithuania.
legendary
Activity: 1596
Merit: 1288
Two days have passed since this news, and I do not think that countries will commit themselves to paying in rubles, but this does not mean that the possibility of payment in dollars will continue.
European countries cannot do without Russian gas, nor can Russia according to the flow of gas.
The solution will be in a central region if the confrontations in Ukraine decrease.
hero member
Activity: 3038
Merit: 617
I don't know a lot about policies inside the Vatican but as far as we know about this country they usually don't really care about political staff and putting any country under sanction or stopping trading with any country because they try to stay away from the war and political stuff and the reason could be clear, in Vatican everything based in religion and they just want to keep their doing theirs without of involving into any tensions with other countries. however and even after all this, I was expecting much more from them.

Actually this is the most political country which even Royal family and US presidents beg at the Pope. I think other countries will look at the action of Vatican as a message to the leaders about what they need to do. Its about following what God says.


I wouldn't say “there is no tragedy in that.” because the conflict affects the EU countries that relies on gas from Russia.
That is true, but there are alternatives which they want to go for now.

The alternative is always there even solar and wind energy is an alternative asmuch as they look on biogas. Importing from US is an alternative but this is costly which they also knew it comes from Russia.
Its still in the news that US importing gas from Russia. Can't verify that information but its in the news. They can't just breach a gas deal/contract because there is a war and sanctions.


hero member
Activity: 1694
Merit: 722
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I don't know a lot about policies inside the Vatican but as far as we know about this country they usually don't really care about political staff and putting any country under sanction or stopping trading with any country because they try to stay away from the war and political stuff and the reason could be clear, in Vatican everything based in religion and they just want to keep their doing theirs without of involving into any tensions with other countries. however and even after all this, I was expecting much more from them.
legendary
Activity: 2072
Merit: 4265
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There is live updates about Ukraine war on news like BBC and CNN, try and read such news than reading rumours, no news related to that yet, if Vatican want to start accepting ruble, it will be on the news.


In fact, this is yesterday's fake, which was distributed on the Internet to all sites.
But what you are suggesting is to trust the central news, which in your opinion tells the "truth", is also wrong. Today, the truth is where it is beneficial, but alas, not in the news channels.
Although unfriendly countries with Russia will have to pay in rubles not only for gas but later for grain, as well as for everything that will be supplied by Russia.
legendary
Activity: 994
Merit: 1267
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There is live updates about Ukraine war on news like BBC and CNN, try and read such news than reading rumours, no news related to that yet, if Vatican want to start accepting ruble, it will be on the news.

There is no option for to get gas from Russia but to buy rubles to buy gas.
This is impromptu, the reason EU still depends on Russia fossil fuels, EU promise to stop import from Russia by 2027 (I do not remember the actual year but I know it is not more than 7 years from now).

I wouldn't say “there is no tragedy in that.” because the conflict affects the EU countries that relies on gas from Russia.
That is true, but there are alternatives which they want to go for now.
legendary
Activity: 1372
Merit: 2017
Currently the news has not been confirmed by either party, but if this is true and creates a domino effect. It can be said that European sanctions against Russia have failed.

What's the credibility of the source?

There are other articles about it:

Vatican bank transferred 10M Euros to buy Rubles from the Central Bank of Russia to pay for gas - media

The Vatican was the first in Europe to pay Russia for gas in rubles


but they don't seem very reliable, and actually, the first one that pops up on google when you search says:

No, The Vatican Is Not Paying For Russian Gas In Rubles.

The "source" of the fake news seems to be a tweet.
member
Activity: 454
Merit: 10
if it's the Vatican, maybe they will get special treatment by Europe,,, because they are a holy city that is free from political interference.. so when they buy gas with rubles, Europe will not have a problem with that
copper member
Activity: 2856
Merit: 3071
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Currently the news has not been confirmed by either party, but if this is true and creates a domino effect. It can be said that European sanctions against Russia have failed.

What's the credibility of the source?

It seems like it'd be really risky for European countries to buy rubles now and there have been reports Russia have recently gone back on the idea of making Europe cover funds to rubles to buy oil - there's a chance some did and it did nothing to the value too.

Russia already shot itself economically by going to war, most of its currency's collapse was für to that and not directly to sanctions (though sanctions have helped to make it more desperate for resources it needs to repair damaged equipment).

I don't think sanctions would do much to Russia anyway though, they're not very strong and there isn't enough agreement between countries for them to be effective.

Edit: with all this being said, isn't sugar and wheat running low on Russia - euros and crude oil aren't very tasty or nutricious?
hero member
Activity: 3038
Merit: 617

There is no option for to get gas from Russia but to buy rubles to buy gas. This will eventually make the rubles price soar especially if the Russia makes its demand higher as well. In the end the world will be more decentralize in some way which every country can also do the same decreasing the dominance of USD. 

I wouldn't say “there is no tragedy in that.” because the conflict affects the EU countries that relies on gas from Russia.
hero member
Activity: 1960
Merit: 547
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According to media reports, the Vatican Bank has accepted payments for Russian gas in rubles.
The source also said that the Vatican bought rubles from the Central Bank of Russia for the equivalent of 10 million euros and that the Vatican has completed all the necessary steps in the method of purchasing gas in rubles.

Currently the news has not been confirmed by either party, but if this is true and creates a domino effect. It can be said that European sanctions against Russia have failed.

source: https://iravaban.net/en/375887.html
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