God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left

BeardGangJnr1:

Balls meeenh balls

lohifa:
Russia is very overated

plaindealer:



Reading and comprehension na serious wahala for Nigerian youths..

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.

WriterNig:


Telegraph UK || Reuters || Seeking Alpha

Realists:
That's what we are saying never you become useless in life that your enemies, should have no need of you.
See as Lord Putin rubbished US,EU & NATO's sanctions like Okoro a useless Afonja in a Brothel.

Jeromejnr:


Na you drown am?

After all the fake analysis some people were giving here..

plaindealer:



Reading and comprehension na serious wahala for Nigerian youths..

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.

Realists:
That's what we are saying never you become useless in life that your enemies, should have no need of you.
See as Lord Putin rubbished US,EU & NATO's sanctions like Okoro in a Brothel.

God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left

Mkpurumiriaddic:


This is the only comment I see here that catch my attention.

Rexymania:
Wow... Putin has exposed this people. Seriously if you work on yourself, people will respect you. Work on yourself.

I love you Putin

lohifa:
Russia is very overated

plaindealer:



Reading and comprehension na serious wahala for Nigerian youths..

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.

God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left

PoliteActivist:




E catch your eye because Nairaland is full of dullards who can't read including whoever wrote this heading..
EU WILL PAY IN DOLLARS AND EUROS
Why can't you people read??!@
Always deceived by misleading headings!!!

plaindealer:



Reading and comprehension na serious wahala for Nigerian youths..

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.

texazzpete:
Nairaland putinists are dullards sha.

The EU is still paying in euros and dollars. They’ll pay to a Russian bank or subsidiary that will then do the conversion to Rubles.

Simple.



That’s not how it works na.
The Russian Banks can’t determine the exchange rate. They’ll convert it at the international value.

skoskosko:

Before now, gas was paid for in dollars or euros by paying at gazprombank company accounts for gas in European banks. Now, the new mechanism requires them to open a ruble account in gazprom bank itself, a Russian owned financial institution and pay in their currency which would then be converted to ruble with the bank acting as the sourcing agent. What this means is that, it shields the accounts and funds from being frozen in the case of sanctions, since gazprom is a Russian bank, and it places the ruble in demand thereby cushioning the effects of their now worthless sanctions. Was this not what was proposed from the beginning and they refused? Why did they now agree?

aribisala0:
Well soon the world will learn that the dollar is a rip off . We need o do he same in Nigeria

God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left

muhammaduyusufu:

Infact I had to read the post again just to be sure I was reading right.
I don't know if OP is the one suffering from compression issue or the Mod that pushed this misleading title to front page.

skoskosko:

Before now, gas was paid for in dollars or euros by paying at gazprombank company accounts for gas in European banks. Now, the new mechanism requires them to open a ruble account in gazprom bank itself, a Russian owned financial institution and pay in their currency which would then be converted to ruble with the bank acting as the sourcing agent. What this means is that, it shields the accounts and funds from being frozen in the case of sanctions, since gazprom is a Russian bank, and it places the ruble in demand thereby cushioning the effects of their now worthless sanctions. Was this not what was proposed from the beginning and they refused? Why did they now agree?

texazzpete:


You…don’t realize it’s a joke ?

Lmao

Mkpurumiriaddic:


Please can I quote you to show my frustration?