Europe's Russian gas in jeopardy, Ukraine girds for new attacks


  • World
  • Thursday, 31 Mar 2022

Maria, wife of a Ukrainian soldier Vasyl Vekliuk, 59, who died in a shelling near Popasna in the Luhansk region, amid Russia's invasion of Ukraine, attends his funeral in Stebnyk, Lviv region, Ukraine, March 30, 2022. REUTERS/Viacheslav Ratynskyi

TROSTYANETS/LVIV, Ukraine (Reuters) - President Vladimir Putin threatened on Thursday to halt contracts supplying Europe with a third of its gas unless they are paid in Russian currency, his strongest economic riposte so far to crushing Western sanctions over his invasion of Ukraine.

European governments rejected Putin's ultimatum for Friday, with the continent's biggest recipient of Russian gas, Germany, calling it "blackmail". Moscow did, however, offer a mechanism for buyers to obtain roubles via a Russian bank.

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