Looks like the European Union is pushing to ban all Russians from owning any private property within EU member countries.
RT:
The European Commission (EC) has proposed to stop property deals with Russian citizens, residents and entities, Bloomberg reported on Thursday, citing official documents. The measure is part of the EU’s sixth package of anti-Russia sanctions.
It would reportedly prohibit the sale or transfer, directly or indirectly, of “ownership rights in immovable property located within the territory of the Union or units in collective investment undertakings providing exposure to such immovable property.”
The prohibition applies to Russians who are not EU citizens and lack a residency permit in EU member states, the report says. It doesn’t apply to those who carry citizenship or residency in the European Economic Area or Switzerland.
They’re also pushing to confiscate Russian assets.
RT:
Russian assets that have been frozen in the EU as part of sanctions against Moscow over the conflict with Kiev should be seized and allocated for the reconstruction of Ukraine, European Council President Charles Michel said on Thursday.
“I’m absolutely convinced that this is extremely important not only to freeze assets, but also to make it possible to confiscate them, to make them available for rebuilding the country. I’m personally convinced,” Michel insisted in an interview with Interfax-Ukraine news agency.
They first went after Russian billionaires and their yachts because that was an easier sell. But going after any and all Russians is an even crazier escalation.
This is effectively an abolishment of private property rights. If governments can just seize property without any due process, private property doesn’t exist. You are left with a system based on open criminality and piracy.
If they are able to do this to Russians, this will be expanded to anybody who disagrees with government policies. It’s actually quite insane to see how this war is being used to eliminate private property in the West, but that is what is happening in real time.
