EU Foreign Ministry Heads supported the introduction of income tax from frozen assets of the Russian Federation - the media

Most of the EU assets are stored at the Euroclear clearing center, where they earned about 3 billion euros in 2023. The EU foreign ministers have agreed to give their political blessing of tax on unforeseen profits from frozen assets of the Russian Federation. About it reports Bloomberg. This plan can be discussed with the ambassadors of the Bloc Member States later this week. The Allies of Ukraine as a whole agree that Russia has to pay for the losses caused by war.

The EU, the Great Seven countries and Australia have decided to freeze about 260 billion euros ($ 283 billion) of the Russian Central Bank's assets in the form of cash and securities, with more than two thirds immobilized in the European Union. Most of the EU assets are stored at the Euroclear clearing center, where they earned about 3 billion euros in 2023.

Josep Borrel, the head of the EU Foreign Policy Office, said that during a meeting of foreign ministers, the Bloc Member States made progress on unforeseen profits and that discussions would be continued. A group of countries, including Germany, made it clear that they were against the arrest of Russian assets themselves for legal reasons, people who spoke on the conditions of anonymity said. The German Ministry spokesman of Germany did not immediately respond to a comment request.

Last year, the EU Foreign Policy Service proposed a multi -stage process that initially defined the relevant assets and established actions that should apply the central deposits of securities that have these funds before the following steps are announced. Measures will determine how the tax on unforeseen expenses applies to the profit received from frozen assets, and how these funds are transferred to the EU budget for use in Ukraine.