EU talks about use of blocked Russian assets by companies

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The EU fears that if the Bank of Russia decides to impose taxes on companies that derive income from assets currently immobilized in the union countries for Ukraine’s needs, these companies will leave the European market. It has been reported DEA News citing a top European source.

According to him, the blocked funds, which are unlikely to return to Russia under the sanctions, are located in certain countries, and companies make money from them.

However, there is a risk that companies will be concerned about their interests and leave the European Union in the future when they use the income from blocked funds. Therefore, the source explained that the taxation of such income should be done in cooperation with the partners.

He added that this issue is being discussed collectively at the level of the G7 countries.

Ursula von der Leyen, previously President of the European Commission (EC) knowledgeableHe reported that EC experts will prepare a legal proposal for the transfer of blocked Russian assets for the restoration of Ukraine before the start of the summer vacation.

Previously in Ukraine declaration About plans to seize $500 billion worth of Russian assets.

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