EU permanent representatives agreed on EC proposal on income from Russian assets. The initiative makes it possible to use taxes on income received thanks to Russian assets frozen in the West in the interests of Ukraine.
Deputy Foreign Minister of Russia Sergei Ryabkov said that the Russian side does not exclude mirror retaliatory measures in the event of confiscation of its assets. In December, the European Commission approved a mechanism for “immobilization of income” from frozen Russian assets, according to the Commission.