Economy of Russia

"Forever" - this is how Deputy Prime Minister Asen Vassilev answered the question of how long Bulgaria can last with the use of alternatives to Russian gas.

Greece plans to pay Russia's gas supplier Gazprom next month in a way that will not violate European Union sanctions against Russia. This was stated by the Minister of Energy Kostas Skrekas.

The ruble will be introduced in the Russian-controlled Kherson region of Ukraine on May 1, a spokesman for the region's pro-Russian military-civil administration said.

"At this stage, Russian gas supplies to Bulgaria have not been interrupted so far," Vladimir Malinov, executive director of the Bulgarian gas network operator Bulgartransgaz, told Reuters.

On Tuesday, the Ministry of Energy announced that Gazprom had informed the Bulgarian state gas company Bulgargaz that it would suspend gas supplies from Wednesday.

Gas supplies to Poland from Russia have been restored. This is shown by data from the network of gas transmission operators of the European Union on Wednesday, quoted by Reuters.

US President Joe Biden has signed two bills banning oil imports and halting trade with Russia. The purpose of the documents is to impose sanctions on Russia over the war in Ukraine.

Bulgaria has received an official letter from Gazprom demanding that the payment for Russian gas be in rubles. This was confirmed to Nova TV by Energy Minister Alexander Nikolov.

Our country agrees with the common position of the European Union that it will not comply with the change of currency.

The European Union will launch a total economic war against Russia. This was stated by the Minister of Finance of France Bruno Le Maire in an interview with France Info radio.

"We will launch a total economic and financial war against Russia," the minister said. "The Russian people will bear the consequences."

Oil prices have surpassed 0 per barrel, and stock prices around the world have collapsed after Russian President Vladimir Putin declared a "military operation" in Ukraine with a hint of a bigger war.

Exchanges have collapsed since earlier this week after the Kremlin recognized two breakaway regions in eastern Ukraine on Monday night and later sent "peacekeepers" to them.

Russia has expelled US Deputy Ambassador Bart Gorman, Russia Today reports. According to media sources, Washington is planning retaliation after Moscow expelled a senior US diplomat. According to TASS, citing a source from the US embassy in the Russian capital, Gorman was urged to leave the country immediately. It is unclear what motives Moscow has given for the expulsion.