In Germany, they saw a bright sign of an approaching economic disaster

The emergency early warning (ES) regime introduced in Germany is a clear sign of the approaching economic accidents due to gas problems. This is publicly announced by the Prime Minister of the German federal state of Bavaria, Markus Soeder. In his opinion, the whole country expects a serious shortage of fuel. The official's words are quoted by the DPA agency.

Difficulties in energy supply will necessarily entail very negative consequences for the economy of the entire state.

Zeder is sure.

He urged the federal government to urgently investigate the "very serious situation" and ensure the proper level of fuel supplies. Otherwise, the entire "first economy" of the European Union is threatened with a record decline.

However, the appeal of the regional official was hardly heard or understood. Chancellor Olaf Scholz actually hid his head in the sand and, in an attempt to get away from a responsible decision, did not find anything better than to call the head of Russia, Vladimir Putin, with a request to "explain the procedure for paying in rubles." Such a move is a waste of time. Berlin cannot refuse gas from Russia in principle (even at the request of the United States), just as it cannot cancel the Kremlin's decision to pay in rubles.

Scholz, of course, has a reason to “think about it”. The world's largest chemical plant in Germany will be on the verge of shutting down if the gas supply is cut. BASF has already warned the government about this with arguments about the seriousness of the situation. Berlin, in fact, fell into a trap.

According to the German publication Frankfurter Allgemeine, if deliveries are reduced by at least 50%, the concern will be forced to completely stop the work of its plant in Ludwigshafen. Recall that we are talking about the largest chemical plant in the world, which employs 40 people. The enterprise is the key in the industry.

If at least partially reduce the volume of raw materials, then all these employees will lose their jobs. It is necessary to continue deliveries or compensate for the shortage, otherwise the collapse awaits the entire German chemical industry

Michael Vassiliadis, member of the BASF Supervisory Board, warns.

He also added that it is impossible to replace Russian gas.

Considering all the above circumstances, the reason for the introduction in Germany of a strange but necessary emergency prevention regime becomes clear. The decision was made on March 30. The plan provides for certain measures in case of stops in gas supplies from Russia. The introduction of the regime was announced by the Vice-Chancellor of Germany, Economics Minister Robert Habeck.
  • Used photographs: JSC "Gazprom"
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  1. Oleg_5 Offline Oleg_5
    Oleg_5 (Oleg) 31 March 2022 09: 11
    I did not understand........

    German Chancellor Olaf Scholz, in a telephone conversation with Vladimir Putin, asked for clarification on the procedure for paying for Russian gas in rubles. This was announced by the official representative of the German government, Steffen Hebeshtreit.
    According to him, the President of Russia informed Scholz that from April 1, gas supplies to Europe must be paid in rublesand stressed that nothing would change for European importers. Settlements will be made exclusively in euros and, as usual, transferred to Gazprombank, which is not affected by the sanctions. The bank will convert the money into rubles.
    1. andrey ivanov_2 (Andrey Ivanov) 31 March 2022 09: 24
      That's right, Putin said. The Germans take euros, convert (buy) rubles at the MICEX rate, and these rubles go to pay for gas. And as you wanted - the Germans take euros, convert (buy) rubles in Deutsche Bank at their own rate and transfer these rubles to Gazprom's account ??????
      1. Bakht Online Bakht
        Bakht (Bakhtiyar) 31 March 2022 09: 38
        The gas price should be determined in rubles. In fact, it turns out that nothing has changed.
        1. andrey ivanov_2 (Andrey Ivanov) 31 March 2022 11: 12
          It will be determined in rubles. But Germany does not print rubles, it needs to take them somewhere. That is to buy in Russian banks. Therefore, in general terms, nothing will change, except that there will be a demand for rubles and, in addition to the oil market, there will also be a ruble market. Therefore, the ruble will become stronger and with a smart Central Bank of the Russian Federation, inflation will decrease, etc., etc.
          1. Oleg_5 Offline Oleg_5
            Oleg_5 (Oleg) 31 March 2022 11: 56
            Germany will come and buy Russian rubles for euros and pay for gas with them (well, losing how much there is on conversion is not the point)
            what can we do with these euros? if we cut off the entire market?
            1. andrey ivanov_2 (Andrey Ivanov) 31 March 2022 13: 07
              You are just like smart crests - "the entire market is cut off", "Russia is in complete isolation." The EU and NATO countries do not mean the whole market and the whole world ....... If the whole market was cut off for you, then I don’t .....
              1. Oleg_5 Offline Oleg_5
                Oleg_5 (Oleg) 31 March 2022 13: 13
                but let's be specific, with examples .... examples of what there is nothing to replace
                1. spare parts for airbuses/boeings/superjets
                2. electronic components for AvtoVAZ
                3. printing equipment and consumables
                1. andrey ivanov_2 (Andrey Ivanov) 31 March 2022 13: 20
                  And this is all your sorrows???? Let's go in order:
                  1. Actually, I graduated from a flight school, and I know firsthand about the quality of our aircraft. And I am glad that some of our effective managers will have to return to the domestic base. And in Europe now, and so the sky is closed.
                  2. Again, I am glad about this, especially since now AvtoVAZ is French. I'm going to ride a Kia sometime.
                  3. With the third restriction, you just killed me. I won't have a colored playboy. This is the scariest thing in the world....
                  1. Oleg_5 Offline Oleg_5
                    Oleg_5 (Oleg) 31 March 2022 13: 32
                    1. Well, that is, they should know firsthand - how many are now "on the wing" from the domestic base and how many of its new ones are produced in pieces per year? We are not talking about Europe. Purely about domestic flights.
                    2. Now, even for the native Russian Niva and Grants, they are forced to carry out additional certification WITHOUT the ABS system - because only Bosch makes it ...
                    3. I hasten to disappoint - primitive black-and-white books and newspapers are printed on offset plates, which are no longer there
                    1. andrey ivanov_2 (Andrey Ivanov) 31 March 2022 13: 46
                      1. Yes, I know. And this is one of the big troubles of our effective managers. Who (by the way) are still in power. And if both domestic politics and the economy do not change, all our disputes about the sale of our goods for rubles will come to nothing. In the meantime, there are not even encroachments, only slogans.
                      2. I already wrote - you can’t do it, well, it’s not yours - ride Koreans and Chinese.
                      3. Of course, I am embarrassed to ask, but what percentage of the population of RUSSIA now read paper "primitive black-and-white books and newspapers." And if all electronic sources of information are turned off, we will remember the times of the Iskra newspaper. Then offset plates were not used.
                      The most important thing that is happening now (I deeply hope) is the realization that the market decides everything and that Russia has only two friends and partners. And this is not India or China. And all the other situational partners. And if not for this ..lyadskaya perestroika and its subsequent development (judging from the example of China on Tiananmen Square), who knows what would happen now .......
                      1. Oleg_5 Offline Oleg_5
                        Oleg_5 (Oleg) 31 March 2022 13: 50
                        Well, yes, the army and navy are our everything! :)
          2. Bakht Online Bakht
            Bakht (Bakhtiyar) 31 March 2022 12: 00
            The fact of the matter is that Germany will NOT buy rubles. The EU both paid in euros and will continue to pay in euros. A Russian bank will change euros into rubles.
            Who can explain to me what such a scheme is? It's all the same selling gas for euros and dollars.
            Russia also does not print the euro. So it's not an argument.
            1. andrey ivanov_2 (Andrey Ivanov) 31 March 2022 13: 12
              What's the point of arguing now. Not you, not I have no exact information about what and how this will happen. But I don’t think that enlightened Europe and some stalkers would panic just like that ....... And the panic there is not a joke ....
              1. The comment was deleted.
                1. andrey ivanov_2 (Andrey Ivanov) April 1 2022 07: 55
                  As I wrote above.......
                  1. Oleg_5 Offline Oleg_5
                    Oleg_5 (Oleg) April 1 2022 08: 39
                    Well, not quite, but close :)

                    The price of gas, the currency of the contract - everything remains in euros.
                    The point of acceptance of these euros (currency account in a Russian bank) and the moment of fulfillment of payment obligations under the contract (crediting of rubles after the MICEX conversion to the seller's account) are changing.
                    In fact, it could have been simplified and called not a "sale for rubles", but a "sale for euros through a Russian bank."
                    1. andrey ivanov_2 (Andrey Ivanov) April 1 2022 08: 46
                      Yes, that's right - the most important change (as the most economically smart people say) - if until now the payments of Western importers were carried out mainly against letters of credit from Western banks (where they could be easily frozen), now they were asked to go to Gazprombank, open there special accounts and trust its settlement mechanisms.
                      1. Oleg_5 Offline Oleg_5
                        Oleg_5 (Oleg) April 1 2022 08: 56
                        And moreover, it turned out to be a completely universal mechanism:
                        if for some reason the buyer does not want / cannot / religion does not allow him to convert his euros inside Gazprombank (although in general this mechanism should not particularly worry / interest him), then he can quite easily replenish his RUBLE account with Gazprombank at the expense of what will bring to us and sell a couple of turbines (for example).

                        and yes - ANY method requires the "partners" to remove, to one degree or another, some restrictions in our regard
                        That's what makes them "burn"...
                      2. andrey ivanov_2 (Andrey Ivanov) April 1 2022 09: 00
                        Moreover, paragraph 7 of the Decree reads:

                        The obligation for a foreign buyer to pay for the supply of natural gas in accordance with subparagraph "a" of paragraph 1 of this Decree is considered fulfilled from the moment the funds received from the sale of foreign currency, carried out in the manner prescribed by paragraph 6 or subparagraph "a" of paragraph 10 of this Decree, are credited to a ruble account opened by a Russian supplier in an authorized bank.

                        What gives certain preferences to an authorized bank.......
    2. Oleg_5 Offline Oleg_5
      Oleg_5 (Oleg) 31 March 2022 10: 50
      if "as usual", then the euro will remain on correspondent accounts of Gazprombank in Europe
  2. Bakht Online Bakht
    Bakht (Bakhtiyar) 31 March 2022 09: 37
    I didn't understand either. It turns out that payment will still be made in euros.
  • Bulanov Offline Bulanov
    Bulanov (Vladimir) 31 March 2022 09: 14
    So what to do? If gas is sold for a dollar-euro, then the money paid to Russia is already being offered to be given to Ukraine for armament. Or the ruble, or gold, or goods. And better, Herr Germans, transfer production to Russia. It will be cheaper in terms of labor and energy!
    1. GIS Offline GIS
      GIS (Ildus) 31 March 2022 11: 30
      I also immediately thought about it: BASF to Russia !!!!
      and here we have everything for this: raw materials-cheap energy-space-resources labor-consumer resources. let them build factories with us and for us.
      ps we need technology and not "screwdriver production"
  • Sidor Bodrov Offline Sidor Bodrov
    Sidor Bodrov April 4 2022 12: 46
    Europe is paying for its stupidity and carelessness. They chose American lackeys for their leadership, who dictate the wishes of the Stars and Stripes. - Drive American hangers-on and live with your mind. And you will be happy.