Russia announced a default on foreign obligations!!!

[DrBeer]

....
So the deadline for paying for the gas supplied by Russia for April has come. Europe capitulated and will pay in rubles according to Putin's scheme through Gazprombank.

Let me upset you No one will pay anything IN RUBLES! The scheme with accounts in Gazprombank has been operating since April 1, and it was built precisely because the EU sent Russia to hell with its idiocy.
So about the payment scheme:
1. There are CURRENCY accounts (EUR/USD) in Gazprombank to accept payments from EUROPEAN buyers
2. The currency comes from the buyer to the supplier to the CURRENCY accounts specified in clause 1
3. CURRENCY from these accounts, through exchanges, is sold for rubles. The ruble weight goes to a special account of Gazprom/Rosneft.

Voila, this is what REALITY looks like, not your fantasy! If the situation does not look like I described - I ask for arguments and evidence to the contrary! But I'm sure, as always, the answer will not be clear


Threat you would at least CAREFULLY read the materials that you publish ))
From the Telegraph, an excerpt from the article you cite "Putin has demanded that so-called "unfriendly" nations open accounts at sanctioned lender Gazprombank, where payments in euros or dollars would be converted into rubles."

Have fun from the heart !!!! Thanks

UPD. For the third day it was not clear what to say in response It's so beautiful to deceive yourself - you need to have talent!

[be.open]

UPD. For the third day it was not clear what to say in response It's so beautiful to deceive yourself - you need to have talent!

Meanwhile, the default did not take place, the Russian Ministry of Finance managed to make a payment in US dollars.

[Sithara007]

UPD. For the third day it was not clear what to say in response It's so beautiful to deceive yourself - you need to have talent!

Meanwhile, the default did not take place, the Russian Ministry of Finance managed to make a payment in US dollars.

LOL... the Western media went ballistic about this, and yet nothing happened. From what I heard, EU and US have frozen around $300 billion in Russian assets. Essentially they are receiving the crude oil and natural gas from Russia without any payment (or in simple terms they stole the energy products). And this is one of the reasons why the Russian government asked Gazprom to get the payments in Russian Ruble (which in turn pushed the value of RUR by +10% since the start of the Russo-Ukrainian war).

[DrBeer]

UPD. For the third day it was not clear what to say in response It's so beautiful to deceive yourself - you need to have talent!

Meanwhile, the default did not take place, the Russian Ministry of Finance managed to make a payment in US dollars.

Well, what can I say - you're great! As Russia was ordered, so she does everything. But her tantrums do not impress anyone, no one will fulfill their idiotic "ultimatums" about rubles. Well, you understand - who is this Russia against the backdrop of normal countries ?! Dummy!

LOL... the Western media went ballistic about this, and yet nothing happened. From what I heard, EU and US have frozen around $300 billion in Russian assets. Essentially they are receiving the crude oil and natural gas from Russia without any payment (or in simple terms they stole the energy products). And this is one of the reasons why the Russian government asked Gazprom to get the payments in Russian Ruble (which in turn pushed the value of RUR by +10% since the start of the Russo-Ukrainian war).

The blocked funds do not in any way overlap with contracts for the supply of oil and gas. No need to mix everything together! These funds will most likely go to Ukraine as part of reparations for the restoration of infrastructure destroyed by terrorists from the Kremlin.
The "growth" of the ruble after statements that only rubles will be accepted for gas and oil is purely psychological. As you can see, the idiotic demands of Russia to pay some kind of unnecessary rubles instead of the euro / dollar turned out not to be realized. Everyone continues to pay as they paid

[alexeyneu]

UPD. For the third day it was not clear what to say in response It's so beautiful to deceive yourself - you need to have talent!

Meanwhile, the default did not take place, the Russian Ministry of Finance managed to make a payment in US dollars.

Well, what can I say - you're great! As Russia was ordered, so she does everything. But her tantrums do not impress anyone, no one will fulfill their idiotic "ultimatums" about rubles. Well, you understand - who is this Russia against the backdrop of normal countries ?! Dummy!

LOL... the Western media went ballistic about this, and yet nothing happened. From what I heard, EU and US have frozen around $300 billion in Russian assets. Essentially they are receiving the crude oil and natural gas from Russia without any payment (or in simple terms they stole the energy products). And this is one of the reasons why the Russian government asked Gazprom to get the payments in Russian Ruble (which in turn pushed the value of RUR by +10% since the start of the Russo-Ukrainian war).

The blocked funds do not in any way overlap with contracts for the supply of oil and gas. No need to mix everything together! These funds will most likely go to Ukraine as part of reparations for the restoration of infrastructure destroyed by terrorists from the Kremlin.
The "growth" of the ruble after statements that only rubles will be accepted for gas and oil is purely psychological. As you can see, the idiotic demands of Russia to pay some kind of unnecessary rubles instead of the euro / dollar turned out not to be realized. Everyone continues to pay as they paid

you're just a propaganda victim
here're our real men
https://www.youtube.com/watch?v=nmA14mRdjL4

[Sithara007]

The blocked funds do not in any way overlap with contracts for the supply of oil and gas. No need to mix everything together! These funds will most likely go to Ukraine as part of reparations for the restoration of infrastructure destroyed by terrorists from the Kremlin.
The "growth" of the ruble after statements that only rubles will be accepted for gas and oil is purely psychological. As you can see, the idiotic demands of Russia to pay some kind of unnecessary rubles instead of the euro / dollar turned out not to be realized. Everyone continues to pay as they paid

For the sake of argument, let's assume that the frozen funds are in a way not related to the oil or gas payments. But what about the fresh payments for oil/gas in EUR/USD? Because of the sanctions, Russia is unable to move these funds to local banks. So essentially right now the EU nations are not paying for the imports that they receive from Russia. And only a handful of the EU nations have accepted the demands to make payments in RUR through the Gazprombank. Poland and some others refused and in case of the former the supply was cut-off.

[DrBeer]

The blocked funds do not in any way overlap with contracts for the supply of oil and gas. No need to mix everything together! These funds will most likely go to Ukraine as part of reparations for the restoration of infrastructure destroyed by terrorists from the Kremlin.
The "growth" of the ruble after statements that only rubles will be accepted for gas and oil is purely psychological. As you can see, the idiotic demands of Russia to pay some kind of unnecessary rubles instead of the euro / dollar turned out not to be realized. Everyone continues to pay as they paid

For the sake of argument, let's assume that the frozen funds are in a way not related to the oil or gas payments. But what about the fresh payments for oil/gas in EUR/USD? Because of the sanctions, Russia is unable to move these funds to local banks. So essentially right now the EU nations are not paying for the imports that they receive from Russia. And only a handful of the EU nations have accepted the demands to make payments in RUR through the Gazprombank. Poland and some others refused and in case of the former the supply was cut-off.

No no no ! Stop ! Did you understand the essence of the situation at all? Apparently - no!
Ok, let me explain:
1. Sanctions were imposed for the crimes committed by Russia against Ukraine. For violations of the rules of war, for terrorism, for genocide, for torture and massacres of civilians and many other crimes. It is a fact !
2. What about gas payments in USD/EUR? Yes, everything is simple. You just don't know, you should have just read a little more. In Gazprombank, Russia, CURRENCY accounts have been opened for crediting funds for the supply of gas / oil. Transactions towards these accounts are not blocked. Then these funds are sold within the Russian Federation on the stock exchange for rubles, and rubles are credited to the accounts of Rosneft and other oil and gas traders. This is how the market works now. And you came up with something for yourself and tell me fabulous stories
Everything I wrote is easily verified in open sources!

[alexeyneu]

[CURRENCY accounts have been opened for crediting funds for the supply of gas / oil. Transactions towards these accounts are not blocked. Then these funds are sold within the Russian Federation on the stock exchange for rubles, and rubles are credited to the accounts of Rosneft and other oil and gas traders. This is how the market works now. And you came up with something for yourself and tell me fabulous stories
Everything I wrote is easily verified in open sources!

no dude. they must open own rouble account in pair of eur one. and after the transfer and conversion roubles go to account of foreign company. and then they pay. And for this to happen they must deal with russia central bank . and this behaviour is forbidden for them because central bank of russia is under sanctions

[DrBeer]

[CURRENCY accounts have been opened for crediting funds for the supply of gas / oil. Transactions towards these accounts are not blocked. Then these funds are sold within the Russian Federation on the stock exchange for rubles, and rubles are credited to the accounts of Rosneft and other oil and gas traders. This is how the market works now. And you came up with something for yourself and tell me fabulous stories
Everything I wrote is easily verified in open sources!

no dude. they must open own rouble account in pair of eur one. and after the transfer and conversion roubles go to account of foreign company. and then they pay. And for this to happen they must deal with russia central bank . and this behaviour is forbidden for them because central bank of russia is under sanctions

It's in the courtyard of Putin grandmothers tell!

The mechanism will look like this:
Google orders, study reality!

So, once again for everyone - at the moment, all the tantrums of the "super leader of Russia" have ended, he has shut up, and the Ministry of Finance has implemented the following mechanism for accepting payments for gas and oil, for European buyers who pay ... yes, in EURO or USD
 
1. Currency and ruble accounts of type "K" are opened in Gazprombank. Moreover, the buyer of Russian gas does not need to personally come to the bank, the accounts will be opened on the basis of documents "available in the circumstances." Funds in these accounts cannot be frozen or seized.
Accounts of type "K" is a "convertible account" ("K" is an abbreviation). This is a special type of account that banks can open to non-residents - both individuals and legal entities - for payments in rubles, according to the relevant instruction of the Central Bank. Accounts of this type have existed in Russia for many years and are used just for cases when a resident sells something to a non-resident.
2. The buyer transfers funds to a foreign currency account in the currency specified in the gas supply contract. Gazprombank then buys rubles on the Moscow Exchange. This money is credited to the ruble account of the gas buyer.
3. As soon as the rubles are on the account, it is considered that the buyer of gas has fulfilled his obligations.
The decree also empowers the government's foreign investment control commission to issue permission not to comply with the scheme.

Another caveat: The central bank can change the rules for buying currency. He should provide further clarification on how the scheme would work.

The decree also states that if foreigners do not pay for gas in rubles, then supplies will be cancelled. At the same time, the scheme that follows this phrase does not just involve such payments.

you're just a propaganda victim
here're our real men
https://www.youtube.com/watch?v=nmA14mRdjL4

 

Since February 26, I have been serving in the Territorial Defense of Kyiv. I saw your "real men", a funny sight! I personally crossed paths with them in Kyiv, when at the very beginning there was an attempt to break into the city from the Obolon district. Guess where all these "real consumables" are now? And many thousands more of your terrorists are now feeding worms and fertilizing our fertile lands
You better not circulate the Kremlin's nonsense, but in fact say something about the topic? Or is it already much more difficult than copy-pasting cheap propaganda materials?