Who will chicken out first? Europe facing Russia´s demands for gas payments in roubles

By Barbora Volková

This article is written by the newest addition of the editorial team: Barbora Volková (Czech, cohort 2021/2023). She studied in Udine during her first semester and is currently doing her second semester in Groningen.

It has been more than a month since Russian troops without justification attacked Ukrainian territory on the 24th of February. As a result, Moscow has been facing massive sanctions, pushing the Federation to the edge of its economic limits. President Vladimir Putin at the end of March announced a signature of a decree allowing payments for Russian gas only through accounts in Russian banks. What does it mean for the future of European energy trade?

Continue reading “Who will chicken out first? Europe facing Russia´s demands for gas payments in roubles”