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EU eyes 3 bn euros a year for Ukraine from Russian asset tax
EU eyes 3 bn euros a year for Ukraine from Russian asset tax
Business and Economy
by  AFP

The European Union could raise three billion euros a year for Ukraine's reconstruction by taxing the interest earned by Russian central bank assets frozen in the bloc, Belgium's prime minister said Friday. EU diplomats say that about 100 billion euros of the Russian central bank assets is in cash, earning roughly 3 percent, and that is what would be subject to the tax.