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The Russian president is giving the Russian authorities a week to implement the new ruble system.
Vladimir Putin announced on Wednesday that Russia will no longer accept payments in dollars or euros for gas deliveries to the EU, giving Russian authorities a week to implement the new ruble system.
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«I have taken the decision to implement a set of measures to switch to payment in rubles for our gas delivered to hostile countries, and to waive in all regulations the currencies that have been compromisedsaid the Russian president during a government meeting, explaining that it was a reaction to the freezing of Russian assets in the West.