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Europe Daily Bulletin No. 12953

17 May 2022
Russian invasion of Ukraine / Energy
Payment for Russian gas in roubles, European Commission provides new guidelines to Member States
Brussels, 16/05/2022 (Agence Europe)

The European Commission sent new guidelines to Member States on Friday 13 May on how to pay for Russian gas without violating EU sanctions against Russia.

The basic position of the institution remains unchanged: the payment process set out in the Russian decree of 31 March is a violation of EU sanctions, but EU companies have the option to continue to pay in euros or dollars, in accordance with agreed contracts.

The decree requires importers of Russian gas from “unfriendly countries”...

Contents

BEACONS
Russian invasion of Ukraine
SECURITY - DEFENCE
SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
INSTITUTIONAL
NEWS BRIEFS