EU foreign ministers back Russian asset tax scheme – Bloomberg ...News

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The bloc wants to direct the income generated by Moscow’s frozen reserves to Ukraine The EU is moving forward with plans to impose a windfall tax on the income generated by frozen Russian assets, Bloomberg reported on Tuesday, citing sources. The bloc’s foreign ministers approved the tax on Monday and its ambassadors will discuss the step later this week, the outlet quoted people familiar with the matter as saying. The report comes after EU foreign policy chief Josep Borrell said on Monday that member states had reached an agreement on the windfall tax, and that the bloc's ambassadors were expected to greenlight t

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