Iryna Pohorila18:31, 02.10.25

The publication noted that hundreds of Western companies operate in the Russian Federation, including UniCredit SpA, Raiffeisen Bank International AG, PepsiCo Inc. and Mondelez International Inc.

Russian dictator  Vladimir Putin has signed a decree on a new mechanism for the nationalization and quick sale of foreign assets.

Bloomberg  suggested that this was Putin’s response to the European Union’s plans to provide Ukraine with a “reparations loan.” The  publication’s source noted that Putin’s decree is aimed at accelerating the sale of both Russian and foreign companies.

The source noted that if the European Union begins confiscating Russian assets, the Kremlin will respond with “symmetrical measures.”

Putin’s new decree reduces the period for preliminary asset valuation to 10 days and speeds up registration of ownership. All such transactions will be carried out by the state-owned Promsvyazbank. The document states that the changes were introduced due to sanctions against the Russian Federation.Read also:

Bloomberg detailed that hundreds of Western companies continue to do business in Russia, including UniCredit SpA, Raiffeisen Bank International AG, PepsiCo Inc. and Mondelez International Inc.

“Reparation loan” for Ukraine

The amount of the EU’s “reparation loan” for Ukraine  could be up to 130 billion euros . The final amount will be agreed with the International Monetary Fund.

It is assumed that this loan will be used to help Ukraine finance military spending. Kyiv will be able to repay it after receiving reparations from Russia as part of a future peace agreement.

Yesterday, French President Emmanuel Macron spoke about a “reparations loan”  for Ukraine. He emphasized that international law must be observed in this matter.

(C)UNIAN 2025