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The EU is drafting a plan to pay for Russian gas without violating sanctions, insiders say

Sumary of The EU is drafting a plan to pay for Russian gas without violating sanctions, insiders say:

  • European Commission president Ursula Von Der Leyen had described the requires as extortion and a clear failure of contract. One of the sources express Bloomberg that Germany, Hungary, Italy, and France were broadly in kindness of the idea, while Poland said it didnt offer court-ordered comprehensibility, and others were mistake by a need of exact guidance.
  • According to Bloomberg, the sources said companies should make a clear statement that they consider their obligations complete once they pay in euros or dollars, in line with existing contracts. The commission did not immediately respond to Insider request for note outside average working hours.
  • The bloc is reportedly preparing a 195 billion euro idea to deprive itself off Russian fossil substances by 2027, according to draft documents seen by Reuters.
  • Sources previously said 20 companies have already set up Gazprombank records to satisfy Putin requires.

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