Brussels has struggled to counter Moscow’s demands: the commission issued official technical guidance admitting that the financial engineering devised by the Kremlin could be “sanctions-compliant” under some conditions. It would result in Russia being able to access billions in gas revenues to support its currency and its economy, member states and EU officials said.
“Prices are agreed in euro or dollars. So you pay this amount of euro for a given amount of gas, end of story,” he said.
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