Russian businesses repatriating billions from EU – Bloomberg   ...News

Russia Today - Economy
Russian businesses repatriating billions from EU – Bloomberg  
source : Russia Today ( News ) () 35
At least $50 billion has been pulled from Western countries since last year, the outlet has calculated Russian businessmen squeezed by sweeping Western sanctions have withdrawn tens of billions of dollars in assets from the EU since the start of the Ukraine conflict, Bloomberg reported on Thursday.    Wealthy Russians have started repatriating their assets from jurisdictions such as Cyprus, Jersey, and Switzerland to Russia and so-called “friendly” countries since last February, as Western states stopped being a safe haven for Russian businesses.    In August, shareholders of United Medical Group CY and MD Medical

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