And then what does Russia do with euros and dollars they can't convert or spend because of sanctions?
It's like trading their gas for Monopoly money. I'm not even slightly surprised that they won't accept it. The EU is marching to Von Der Leyen's idiotic tune.
Welcome to the Fourth Reich. Der Fuhrer Von Der Leyen will affirm the female future.
Freeze and starve for our future, for our motherland! (because fatherland is misogynistic).
Maybe it expired though? There must be a reason they didn't cancel a month ago when they announced the policy. It could be a month-to-month thing. (I don't really know.)
You can't seriously claim that they would be allowed to openly trade with anyone. Look at the pressure being placed on India, despite cheap Ural oil being the only thing keeping their people off the poverty line right now.
The people building these sanctions up don't care if it traps random other countries. If Russia sold in euros and bought things from Mexico, Mexico would be pushed into being the next country joining the sanctions, under US threats.
I mean, this is the same government that put tariffs on South Korea, a long time US ally, for electing "the wrong person".
They're not. The contract cannot be fulfilled in any other currency, because they are frozen out of all of their non-ruble reserves. Remember?
They can only pay, as per contract, in euros or dollars in most cases. Which is how they were still receiving gas in these 2 months.
And then what does Russia do with euros and dollars they can't convert or spend because of sanctions?
It's like trading their gas for Monopoly money. I'm not even slightly surprised that they won't accept it. The EU is marching to Von Der Leyen's idiotic tune.
Welcome to the Fourth Reich. Der Fuhrer Von Der Leyen will affirm the female future.
Freeze and starve for our future, for our motherland! (because fatherland is misogynistic).
Maybe it expired though? There must be a reason they didn't cancel a month ago when they announced the policy. It could be a month-to-month thing. (I don't really know.)
Other countries accept euros. They are being sanctioned by a selective few. They can still spend those euros on mexican goods for instance.
No, they can't.
You can't seriously claim that they would be allowed to openly trade with anyone. Look at the pressure being placed on India, despite cheap Ural oil being the only thing keeping their people off the poverty line right now.
The people building these sanctions up don't care if it traps random other countries. If Russia sold in euros and bought things from Mexico, Mexico would be pushed into being the next country joining the sanctions, under US threats.
I mean, this is the same government that put tariffs on South Korea, a long time US ally, for electing "the wrong person".