Published 07:21 IST, April 4th 2022
Germany instructs its citizens to cope with energy crisis amid Russia's Ruble demand
In order to limit Russia's energy supplies and cope with the energy crisis, the German authorities have given some instructions to its citizens.
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In order to limit Russia's energy supplies and cope with energy crisis, German authorities have given some instructions to its citizens. Germany's Minister of Food and Agriculture Cem Ozdemir stated that if possible people should ride a bike or take a bus or train inste of using cars to save energy, given high energy prices and strong dependence on Russia. He also said that by doing so it would be possible to save a lot of energy.
Peter Hauk, a German opposition party member stated that people should turn off Putin's "golden tap," and stop supply of gas and oil so that Europe gets a chance of freedom again.
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Earlier, German Ecomy and Climate Minister Robert Habeck stated that Germans should reduce ir energy us to reduce country's reliance on Russia. He stated that he would like to warn with a plea to businesses and individual customers to help Germany and Ukraine by conserving gas or energy in general, according to Politico.
'It is important that sanctions must be respected'
After Russian President Vlimir Putin demanded that gas will have to be paid in rubles inste of euros, Habeck stated that it is important that sanctions must be respected and Putin is attempting to break through sanctions with his rouble demand. Germany and or Russian consumers have refused to renegotiate long-term supply contracts with Gazprom, which is a Russian majority state-owned multinational energy corporation so that y don't have to pay in rubles. move is considered a ploy for Russia to boost value of ruble following its invasion of Ukraine.
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Over 40% of Europe's total natural gas supply comes from Russia
Habeck also stated that re is urgent supply problem, but that government is on high alert and watching situation, ting that Russian statements have threatened to halt gas exports to nations who do t comply with ruble demand. Over 40% of Europe's total natural gas supply comes from Russia, as does 50% of Europe's coal supply. Following implementation of ruble payment obligations for gas, European natural gas price is said to have soared by 34%.
Im: AP/ Unsplash
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07:21 IST, April 4th 2022