London Daily

Focus on the big picture.
Monday, Jul 27, 2026

"Not Possible": France's Macron Dismisses Putin's Demand For Ruble Payments

"Not Possible": France's Macron Dismisses Putin's Demand For Ruble Payments

Major gas buyer Germany has denounced the move, reiterating that the contracts clearly stipulated how the gas should be paid for.
French President Emmanuel Macron on Friday dismissed Russian President Vladimir Putin's demand for Europe to pay for gas in rubles as he accused Moscow of trying to sidestep sanctions over its war on Ukraine.

Macron told journalists after an EU summit in Brussels that the Russian move "is not in line with what was signed, and I do not see why we would apply it".

Putin made the demand this week as Moscow struggles to prop up its economy in the face of debilitating sanctions imposed by the West over his invasion of Ukraine.

Macron said that "we are continuing our analysis work" following the Kremlin's manoeuvre.

But he insisted "all the texts signed are clear: it is prohibited. So European players who buy gas and who are on European soil must do so in euros".

"It is therefore not possible today to do what is requested, and it is not contractual," he said.

The French leader said he believed Moscow was using the step as "a mechanism to circumvent" EU sanctions against it for the assault on Ukraine.

Major gas buyer Germany has denounced the move and Chancellor Olaf Scholz on Friday reiterated that the contracts clearly stipulated how the gas should be paid for.

Europe is scrambling to reduce its reliance on Russian gas. It continues to funnel hundreds of millions of euros each day to Moscow in energy payments, which are currently outside the scope of the sanctions.

Some EU nations have called for the bloc to ban Moscow's key energy exports, but the move has so far been stymied by countries including Germany that remain too wary of the cost of cutting the cord.
Comments

Oh ya 4 year ago
Putin has not yet shut off gas or oil to anyone even those sanctioning him but there might come a day and when the heat goes off in your house or gas to run a business then maybe Macron will find a way to pay in the Ruble. They have blocked Russia out of the SWIFT system so there is no way France or any other country can pay for the gas in Euros or dollars, so why should he not demand something that he can use as in the Ruble. Push Russia into a corner until you see a mushroom cloud out your front window in Europe or the United States and then thank your leaders for WWIII. the same as the US did to Japan with sanctions that forced Japan into WW2. yes history is history even if it does not fit your thoughts on how it happened

Newsletter

Related Articles

0:00
0:00
Close
Burnham Puts School-to-Work Reform at Centre of Welfare Strategy
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
The Burnham government is seeking to establish its credibility through ambitious social care reform while maintaining fiscal discipline and public confidence in the National Health Service. Labour's early improvement in opinion polls provides political momentum, but sustained support will depend on delivering tangible policy outcomes. Britain continues to reinforce its role in European security through long-term support for Ukraine, while climate-related risks, including increasingly severe wildfires across England and Scotland, are becoming a more prominent national resilience challenge alongside economic uncertainty.
United Kingdom Economy Remains Exposed to Global Energy Risks
Prime Minister Dismisses Calls for an Early General Election
Scottish Wildfires Continue to Stretch Emergency Services
United Kingdom Faces Rising Wildfire Risk as Heatwave Continues
Lower Oil Prices Ease Inflation Concerns and Support Financial Markets
Financial Conduct Authority Launches Consumer Campaign on Car Finance Compensation
Government Prioritises Employment Over Benefit Cuts in Welfare Reform Plans
Prime Minister Rules Out Sweeping Property Tax Changes Before Autumn Budget
AstraZeneca Beats Expectations as Cancer Medicines Drive Strong Profit Growth
Labour Regains Narrow Polling Lead After Burnham's First Week in Office
United Kingdom Reaffirms Long-Term Commitment to Ukraine Under Burnham Government
Prime Minister Andy Burnham Makes Social Care Reform the First Major Test of His Government
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
Northern Ireland Border Security Tightened After Military-Grade Explosive Interception
British Hospitality Sector Targets Summer Visitors Through Regional Promotions
England River Access Debate Intensifies After New Data Shows Limited Public Access
Royal Navy Strengthens Maritime Vigilance Amid Rising Security Concerns
UK Education Department Expands Mental Health Support for Young People Entering Work
UK Tourism Industry Launches Summer Campaigns to Boost Domestic Travel
North England Transport Plans Advance to Support Industrial Growth
Financial Markets Watch New Government’s Economic Strategy as Investors Assess Fiscal Risks
Royal Navy Continues Monitoring Russian Naval Activity Near UK Waters
UK Care Workers May Receive Immigration Exemptions Under Proposed Visa Changes
Health Secretary Yvette Cooper Begins Emergency Talks to Address NHS Staffing Shortages
UK Banks Launch High-Interest Savings Offers to Attract Household Deposits
North Sea Oil Drilling Projects Face Delays After Offshore Equipment Accident
Cairngorms Wildfire Highlights Growing Pressure on UK Emergency Services
UK Government Borrowing Plans Put Pressure on Ten-Year Gilt Markets
Royal Navy Aircraft Carrier HMS Prince of Wales Returns After NATO Northern Flank Mission
Metropolitan Police Opens Criminal Investigation Into Reform UK Political Donations
Scottish Government Requests Military Support as Cairngorms Wildfire Forces Emergency Response
Andy Burnham Takes Office as UK Prime Minister and Unveils New Cabinet Team
War, Youth Revolt and the Global Struggle for Control
War, Power and the Rising Price of Political Decisions
High Street Sales Suffer Sharpest Summer Decline in Five Years
Wales Approves Higher Taxes on Second Homes and Long-Term Empty Properties
Environment Agency Imposes Record £150 Million Penalty on Water Companies
UK Competition Watchdog Blocks U.S. Takeover of Cambridge Chip Designer
Scotland Unveils Land Reform Bill to Expand Renewable Energy Projects
Northern Ireland Secures £500 Million Technology Investment for Belfast Cybersecurity Hub
NHS Rolls Out AI Triage System Across Major Hospitals in England
UK Strengthens North Sea Naval Cooperation With European Allies
UK Chancellor Commits £7 Billion to Accelerate Manchester-Leeds Rail Link
Bank of England Signals Interest Rate Cuts After Inflation Falls Below Target
×