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... announced that the country would switch to ruble payments for gas supplies to "unfriendly countries." The leaders of many European states have already responded... ... energy resource in the Russian national currency would be an attempt to circumvent the sanctions imposed on the country. Klaus Ernst, head of the relevant committee in the... ... exchange reserves in the US and the EU. The state considers such a step as a de facto default of the financial institutions of the Western countries to the Russian Federation...
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