Regional authorities have nationalized the assets of some 100 legal entities and individuals Crimea will receive almost 2 billion rubles ($23.8 million) from the sale of property that was nationalized after the region split from Ukraine and reunified with Russia, according to the head of the Crimean Parliament, Vladimir Konstantinov.
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The $3.28 trillion owed by the government is more than 100% of the country’s GDP, according to the Office for National Statistics Britain’s public sector net debt in May reached its highest level in over six decades and now exceeds the country’s annual economic output, the Office for National Statistics (ONS) revealed on Wednesday. This…
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Brussels has reportedly given up on confiscating over $200 billion of Russian central bank funds EU authorities see no legal avenues for confiscating frozen Russian central bank assets and are instead planning to use the profits the funds generate, Bloomberg reported on Wednesday, citing a document.
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