Germany won’t give in to Russian ‘blackmail'

STORY: Fears more states could be hit, in particular Germany, Europe's industrial powerhouse which in 2021 relied on Russia for more than 50% of its gas, sent gas prices soaring.

Economy and Climate Minister Robert Habeck said he was taking Russia’s move “very seriously but not to the extent that the situation would cause anxiety.”

President Vladimir Putin's demand for rouble gas payments is the centrepiece of Russia's response to sanctions which include freezing hundreds of billions of dollars of Russian assets.

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