The European Union is ready to force banks to report information about the assets of the Russian Central Bank. Such a norm is contained in the draft of the bloc's latest package of sanctions against Moscow for its war in Ukraine.. It is reported by Bloomberg with reference to the document.
Consideration of the scope of central bank assets and other sanctioned state assets frozen in the EU is seen as a first step in exploring options for the potential use of these funds to help Ukraine's recovery.
The European Commission, the bloc's executive body, has also proposed strengthening the obligation to report on frozen assets associated with Russian companies and sanctioned individuals, and has proposed imposing fines of up to 50,000 euros for individuals and 10% of annual turnover for legal entities for failure to provide the necessary information..
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EU plans to adopt 10th package of sanctions next week on the eve of the anniversary of the Russian invasion. European leaders also plan to step up support for Kyiv ahead of a renewed Russian offensive expected in the coming weeks..
The latest set of measures will also impose broad trade restrictions on goods used by the Russian army, including technology, components, heavy vehicles, electronics and rare earths..
In addition, the EU proposes to ban the transit of goods through Russia in order to reduce the risk of violating sanctions, and impose restrictions on the import of Russian rubber and asphalt into the EU..
It is also planned to impose sanctions on dozens of individuals and entities, including politicians and military personnel, as well as on:.
Alfa-Bank, JSC \;
Mass media conducting propaganda in support of the aggression against Ukraine;
Russian reinsurer of ships exporting Russian oil;
a UK-registered shipping company that provides ships to transport stolen Ukrainian grain from Russia.
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Members are expected to discuss the proposed activities this week, so the proposed draft may be subject to change. The adoption of EU sanctions requires the support of all member states.
Other proposals include continuing to suspend broadcast licenses for media controlled by the Russian state and accused of spreading propaganda, manipulating and distorting facts aimed at the EU and its neighbors..
According to the documents, the EU also wants to ban Russian citizens from holding positions in the management bodies of critical European infrastructure operators and organizations..
Also, the package of sanctions, if approved, will prohibit the provision of gas storage facilities to citizens and residents of Russia, as well as organizations based in Russia..
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On February 9, after the emergency European Council summit in Brussels, Zelensky called on the European Union to impose sanctions against Russian manufacturers of missiles and unmanned aerial vehicles, as well as IT companies cooperating with them..