News

Putin: We will switch to Rubles for natural gas payments

Published

5 months ago

29/03/2022

Putin We will switch to Rubles for natural gas payments

In a meeting with government officials in the capital, Moscow, Putin made evaluations about the Russian economy, which was affected by the sanctions. “We plan to switch to Russian rubles for payments for natural gas sales to unfriendly countries,” said Russian President Vladimir Putin.

Gazprom contracts were ordered to be converted into rubles by Russian President Vladimir Putin . Putin announced the aforementioned instruction with the words, “We will start by receiving a payment in rubles for Russian gas supplied to hostile countries . “

‘West has damaged confidence in its own currency’

Emphasizing that Western countries took illegitimate steps by freezing Russian assets, Putin said, “The West actually damaged confidence in their own currencies. Now everyone knows that obligations in dollars and euros may not be fulfilled . “

Pointing out that it is meaningless for Russia to receive payments in dollars and euros for exports, Putin said, “It is clear that receiving payments in dollars, euros and some currencies while supplying our goods to the USA and the EU does not make any sense for us anymore. “We are planning to switch to Russian rubles for payments,” he said.

The Russian leader said, “Russia will continue to supply natural gas according to the price and volume principles determined in the previously signed contracts. Unlike some of our colleagues, we value our commercial reputation as a reliable partner and supplier . “

Putin added that he has instructed the Russian government and Gazprom to initiate the process of converting payments into rubles in natural gas sales.

Putin spoke, the ruble appreciated

After Putin’s statements, the dollar/ruble parity declined by nearly 3 percent and fell below 100 for the first time since March 3. The gas contract price for April, traded at TTF, the Netherlands-based virtual natural gas trading point with the deepest depth in Europe, opened from 97 euros per megawatt-hour today, and fell below the 100 euro level.

Prices increased by 22.42 percent compared to the opening at 15:54 Turkish time and reached 118.75 euros per megawatt-hour.

What happened?

The Russian government approved the list of “unfriendly” countries to Russia on March 7.

The approved list includes countries such as the USA, European Union countries, the United Kingdom, South Korea, Japan, Ukraine, Switzerland and Singapore, as well as 15 other countries that impose sanctions on Russia.

News

Used car prices in the Netherlands fell for the first time this year

Published

19 hours ago

15/08/2022

Berry Fox

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Used car prices in the Netherlands fell for the first time this year. Data were obtained from the vehicle sales platform AutoScout24. According to the platform, the reason for the decrease is the summer holiday.

How much are used car prices in the Netherlands?

AutoScout24 stated that during the summer holidays, people’s interests are generally towards vacationing, so the decrease in prices may be due to this.

An average used car was sold for 23,531 euros in July. This rate is 1.2 percent less than the previous month. At the beginning of this year, the average price of second-hand was 22,158 euros. There has been no decline in used car prices since the spring of 2021.

On the other hand, the increase in second-hand items in other European countries continues. Prices continued to rise in France, Austria and Belgium last month, while Germany saw a small decline of 0.2 percent.

Germany is still at the top of Europe in this field, with an average used car price of 27,361 euros.

Image source: ipravda.sk

News

Declining interest in Randstad region in the Netherlands

Published

19 hours ago

15/08/2022

Berry Fox

Declining interest in Randstad region in the Netherlands

The proportion of people leaving the Randstad area in the Netherlands has increased over the past year. According to the National Statistics Agency (CBS), 75,000 people left the region last year. The number of people who moved to the region was 55 thousand.

CBS data indicated that those over the age of 30 are increasingly leaving the west of the country.

Statistics also show that the number of people leaving the Randstad area has increased since 2014. While 48 thousand people left the region in 2014, this number increased to 70 thousand in 2020.

On the other hand, the proportion of those who moved to Randstad remained roughly the same, reaching 55 thousand last year. Looking at all the data, the number of Dutch people giving up city life has been increasing since 2017.

However, the increase in the number of people leaving Randstad does not mean that the region is empty.

News

Netherlands uses Europe’s most expensive natural gas

Published

19 hours ago

15/08/2022

Berry Fox

The Netherlands became the country that used the most expensive natural gas among the European Union countries with its natural gas prices in July.

Nieuwsuur, which collects data from the comparison site Energievergelijk.nl, last month the natural gas bill of a house in the Netherlands cost 283 Euros. This rate is double that of many EU countries. Neighboring countries of the Netherlands are Germany and Belgium, a few of these countries.

In June, the peak of gas prices was in Sweden, while the Netherlands took the second place. In July, the leadership changed hands. Last month gas bills in Sweden averaged 237.

Electricity bills in the Netherlands are also quite high compared to other countries. The Dutch paid an average of 419 euros for electricity in July. There are only two European countries that face more electricity bills than the Netherlands: Italy and Denmark.

According to the estimates of Energievergelijk.nl, citizens who will renew their energy contracts this year will pay an average of 3,700 euros more per year.

Nibud, who is a budget consultant, stated that many households will have difficulty paying the bills in the future. Nearly 30 percent of them highlighted the difficulty ban on this issue last month.