Barbara Pompili indicated that it will be the banks which will have to take charge of the conversion, which would therefore not lead to a breach of contract.
She also sees this measure as a desire of the Kremlin to support its currency rather than as an element of “retaliation vis-à-vis European companies”.
Still, neither France nor Germany are ready to give in to the request of the Russian president.
"Finally, this payment in rubles, I believe that it is a measure of support for the ruble above all, but it is not really a retaliatory measure vis-à-vis European companies", considers Barbara Pompili, indicating that “this does not prevent us from working to be less and less dependent on Russian gas imports”.
https://www.latribune.fr/economie/intern...12438.html
She also sees this measure as a desire of the Kremlin to support its currency rather than as an element of “retaliation vis-à-vis European companies”.
Still, neither France nor Germany are ready to give in to the request of the Russian president.
"Finally, this payment in rubles, I believe that it is a measure of support for the ruble above all, but it is not really a retaliatory measure vis-à-vis European companies", considers Barbara Pompili, indicating that “this does not prevent us from working to be less and less dependent on Russian gas imports”.
https://www.latribune.fr/economie/intern...12438.html