>Under the new Russian mechanism, European companies would continue to pay Gazprombank for their imports in euros — ensuring they did not breach the sanctions regime. The Russian bank, which is not under EU sanctions, would then, at their request, convert euro-denominated deposits into roubles in a second account opened in their name, for onward payment to Russia.

breeched contracts: https://www.bloomberg.com/news/articles/2022-04-13/eu-warns-...

asked Commission to clarify EU guidance: https://www.bloomberg.com/news/articles/2022-04-27/eu-nation...

that guidance: https://ec.europa.eu/info/sites/default/files/business_econo...