What happens if Russia turns off the gas taps to Europe ...News

Russia Today - Economy
What happens if Russia turns off the gas taps to Europe
Deadline approaches for switching payments to rubles Russia has given “hostile” countries a March 31 deadline to begin payments for natural gas imports in rubles. The new currency-switch rule will affect countries that imposed economic sanctions on the nation and froze its foreign currency reserves. This particularly concerns some EU countries that rely heavily on Russian energy supplies. What will happen after March 31?Russia says Europe will not get free gas if countries refuse to pay in rubles. “We are not going to supply gas for free, this is clear,” Kremlin spokesman Dmitry Peskov said on Tuesday. When asked

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