Bloomberg learned about plans to ban the transfer of real estate to Russians in the EU

The agency reports that the European Commission plans, within the framework of the sixth package of sanctions, to suspend all real estate transactions of Russians and Russian legal entities,as well as prohibit the transfer of ownership of real estate

The European Commission plans to suspend all transactions of Russians and Russian companies with real estate in the European Union, as well as prohibit the transfer of property rights to them. it is reported by BLOOMBERG with reference to the draft proposal of the European Commission.

This measure, the newspaper notes, will be included in the sixth package of sanctions against RUSSIA. The ban will apply to real estate located in the territory of the European Union.

The European Union included a ban on real estate transactions for Russian citizens in the sixth package of sanctions in order to increase pressure on Vladimir Putin.

The Central Bank recorded an increase in the number of complaints against banks due to sanctions

According to the proposal of the European Commission, the ban should affect Russian citizens, residents and companies registered in Russia. They will not be allowed to buy, sell, transfer - directly and not - "property rights to immovable property located within the European Union." Actions with “parts of collective investments” will also fall under the ban.

The measure will affect all Russians who are not citizens of the European Union and do not have a residence permit in the EU. Citizens of Switzerland and countries of the European Economic Area will also not be banned.

This ban and, in fact, the sixth package of sanctions must be approved by all EU member states. It could happen as early as this week.

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The fact that the EU has formed another package of sanctions against Russia was announced on May 4 by the HEAD of the European Commission, Ursula von der Leyen. One of its main elements should be a ban on the import of all Russian oil . At the same time, the EU would like to refuse the supply of Russian crude oil within six months, and the import of refined products by the end of 2022.

See also EU announced six proposals for a new package of sanctions against Russia 01:06

Also, the sixth package of sanctions may include a ban on European courts and companies to provide services related to the transportation of Russian oil. This was reported by Bloomberg and REUTERS.

Sanctions will also affect insurance services. As Bloomberg noted, this is an extremely important point, since 95% of tanker liability insurance contracts are carried out through the International Group of Mutual Insurance Associations (Clubs) (International Group of Protection & Indemnity Clubs), which is registered in London and is obliged to comply with European law.

Profil and ORF learned about the freezing of real estate of a State Duma deputy in Austria Politics

According to Bloomberg and Reuters sources, the European Union wants this part of the new, sixth package of sanctions to come into force in a month, in early June.

However, it is currently unknown whether the EU countries will be able to accept this package of sanctions. Some countries, in particular Hungary, object to the ban on oil imports. In Budapest, they said they would not vote for the sanctions package in the form in which it is now formed, since a ban on the import of Russian oil would undermine Hungary's energy security.

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