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This was my thinking as well and moreover, since the Ruble is so low you get a ton of Rubles for little Euros currently. If the contracts were in Rubles it is a
by weinzierl 5y ago
This was my thinking as well and moreover, since the Ruble is so low you get a ton of Rubles for little Euros currently. If the contracts were in Rubles it is a disadvantage for Russia if the contracts were in Euro it should not matter. What is the scenario were Russia is better off with this move?
- wara23arish 5y agoWhy are you assuming the price of gas will remain constant. It will probably fluctuate along with the ruble as long as russia deems it profitable
- weinzierl 5y agoThis from the German perspective. Germany has long term contracts with Russia. I assumed prices are also negotiated long-term, but I could be wrong.