London Daily

Focus on the big picture.
Wednesday, Jul 15, 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
Spain and UK Dismantle Gibraltar Border Following Landmark Schengen Integration Treaty
Forget Tinder: The Surprising Platform Where People Find Love
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
UK Government Faces Growing Debate Over Local Control of Immigration Enforcement
UK Biodiversity Forum Highlights Business Need to Protect Natural Environment
UK Parliament to Consider Workplace Temperature Limits Amid Climate Concerns
UK Parliament Considers Independent Immigration Appeals Authority Proposal
BBC Charter Renewal Scrutiny Intensifies as Parliament Reviews Broadcaster’s Future
Parliament Reviews Future of UK Maternity and Neonatal Care Services
UK-India Trade Accelerator Launched to Help Smaller Firms Expand Into Indian Market
UK Business Leaders Meet in Edinburgh to Address Economic Risks From Biodiversity Loss
UK Parliament Prepares for Sir Keir Starmer’s Final Prime Minister’s Questions Before Leadership Transition
Green Party-Led Lewisham Council Moves Against Cooperation With Home Office Immigration Raids
UK Government Faces Parliamentary Pressure Over Capita Contracts in Shared Services Programme
UK Economy Expected to See Modest Growth as OECD Highlights Fiscal and Global Risks
Public Accounts Committee Warns UK Government’s Four Point Three Billion Pound Shared Services Plan Risks Failure
EU and UK Sign Agreement Removing Gibraltar Border Controls After Years of Post-Brexit Uncertainty
OECD Warns UK Must Maintain Fiscal Discipline as Andy Burnham Prepares to Become Prime Minister
UK-India Free Trade Agreement Enters Into Force as Businesses Seek New Growth Opportunities
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
On the Island That Did Not Yield to Trump, There Is No Electricity, and 10 Million Live in Darkness
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
Key Trends to Watch
United Nations Expert Calls for Full Implementation of Supreme Court Ruling on Legal Definition of Sex
Industry Coalition Urges Labour Lawmakers to Back Continued North Sea Oil and Gas Production
Parliamentary Committee Calls for Tougher Restrictions on Unhealthy Food Advertising
Government Expands Awaab's Law to Cover Heat and Additional Housing Hazards
Energy Regulator Opens Independent Investigation Into National Grid Operator
United Kingdom and European Union Sign Landmark Gibraltar Border Agreement
Chancellor Unveils Financial Services Reform and Artificial Intelligence Strategy at Mansion House
Counterterrorism Police Take Over Investigation Into Killing of Former Minister Ann Widdecombe
Beer Industry Warns UK Rules Could Limit Growth of Alcohol-Free Market
Home Office Faces Legal Challenges Over Asylum Seeker Accommodation Closures
UK Heatwaves Linked to More Than Two Thousand Seven Hundred Deaths as Climate Debate Intensifies
Home Secretary Faces Pressure Over Political Security After Ann Widdecombe Murder Investigation
United Kingdom Opens Trade Consultation With Indonesia, Philippines, United Arab Emirates and Uruguay
Robert Jenrick Joins Reform UK After Leaving Conservative Party Leadership Role
Counter-Terrorism Police Take Over Investigation into Murder of Former MP Ann Widdecombe
Andy Burnham Secures Strong Labour Backing in Race to Succeed Keir Starmer
Global Markets Slide as Middle East Conflict Escalation Sends Oil Prices Higher
UK Prime Minister Keir Starmer Offers Condolences Following Death of Qatar’s Father Amir
UK Regional Innovation Policy Focuses on Research Clusters Across Scotland, Wales, and Northern England
UK Corporate Transparency Rules Set to Become More Strict Under Modern Slavery Reform Plans
UK Civil Service Estate Strategy Shifts Government Activity Away From London
UK Strengthens National Security Powers Through New Threat Designations
Greater Manchester Police Conduct Drink and Drug Driving Operations After Football Events
UK Government Advances Darlington Economic Campus With Construction Milestone
UK Authorities Increase Football-Related Security Operations After Tournament Fixtures
UK Invests Fifty-One Million Pounds in National Cryogenics Facility and Regional Innovation Hubs
UK Moves Toward Tougher Modern Slavery Reporting Rules With Corporate Penalties
×