First step: EU prepares to use Russian Federation frozen assets to reinstate Ukraine, – media

According to journalists, the EU will impose sanctions on Alfa-Bank, Rosbank and JSC “Tinkoff Bank”, as well as the National Welfare Fund of the Russian Federation.

The European Union is ready to compel banks to disclose information about the assets of the Central Bank of Russia as part of the latest package of sanctions against the Russian Federation. Bloomberg writes about it.

The publication writes that gaining control over the scale of the Central Bank and Russia’s other state assets is seen as the first step in exploring potential use options for these funds to help restore Ukraine.

The European Commission also reportedly proposes to strengthen reporting obligations on frozen assets linked to Russian companies and sanctioned individuals, with fines of up to 50,000 euros for individuals failing to provide the required information, and up to 10% of annual turnover for legal entities. .

The material says that the EU plans to adopt the 10th package of sanctions against the Russian Federation next week. European leaders will also increase military support to Kiev.

As for sanctions, the latest package will also impose sweeping trade restrictions on goods used by the Russian military, including technology, components, heavy vehicles, electronics and rare earths. The EU is also proposing to ban the transit of goods through Russia and impose restrictions on Russian rubber and asphalt imports to the EU to reduce the risk of violating sanctions.

The EU intends to impose sanctions on dozens of individuals and entities, including politicians and military personnel, and also:

  • National Wealth Fund of the Russian Federation with Alfa-Bank, Rosbank and JSC “Tinkoff Bank”
  • Media groups making propaganda to support the aggression against Ukraine
  • Russian reinsurance company of oil-exporting ships
  • A UK-registered shipping company is accused of using its ships to transport stolen Ukrainian grain on behalf of Russia

the post says Other proposals include extending the broadcast licenses of media outlets controlled by the Russian state, which are accused of propaganda, manipulation and distortion of facts against the EU and its neighbors.

According to the documents, the EU also wants to ban Russian citizens from serving in the governing bodies of operators of critical infrastructure and enterprises in Europe. EU citizens will be exempted from this provision.

Previously Focus He wrote that the IMF mission has begun its work in Ukraine. The mission of the International Monetary Fund, headed by Gavin Gray, begins talks with Ukrainian officials. The purpose of the mission is to prepare monitoring and loan programs.

We also remember that journalists said that Putin lost the gas market in Europe forever. According to trader Pierre Andurand, it will take at least ten years for Russia to build enough pipelines to sell its gas to Asian countries.

Source: Focus

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