3 ms·
Russia needs that European money too. It's 35% of their GDP and selling to Europe is more lucrative than selling to allies. They currently have record gas pric
by NicoJuicy 5y ago
Russia needs that European money too. It's 35% of their GDP and selling to Europe is more lucrative than selling to allies.
They currently have record gas prices, so it doesn't look like they mind selling gas. They sell gas to theirb close allies at ( almost) cost to reduce unrest.
Peak of the conflict was obviously not in 2015...
There are multiple reasons why he didn't do it sooner.
Here's one: https://tradingeconomics.com/russia/foreign-exchange-reserves#:~:text=Foreign%20Exchange%20Reserves%20in%20Russia%20averaged%20285055.20%20USD%20Million%20from,Million%20in%20December%20of%201992 https://tradingeconomics.com/russia/foreign-exchange-reserve....
- andreskytt 5y agoOh, but they do! The gas reserves have never been lower on the European side of the pipelines. That makes no financial sense at this time of high prices.