Berlin to nationalizes , acquire 99% of Uniper. It still needs to be approved by EU

The German government will spend €8 billion to acquire 99% of the shares of ailing gas giant Uniper after agreeing with the Finnish government, whose state-company Fortum is a major shareholder.

Russian assets of France’s Renault become state property

Russian assets of French automaker Renault have become state property, the Industry and Trade Ministry said on Monday after France decided to leave Russia due to Moscow's war on Ukraine.

Russian Finance Ministry says Hague Court decision on Yukos case fair

Russia’s Finance Minister considers the decision announced by The Hague District Court on Wednesday to quash final arbitration awards to Yukos shareholders to be fair, the Minister Anton Siluanov said.

Belgium unblocks part of Russian diplomatic missions’ frozen accounts (FM)

Belgium has unblocked part of the frozen accounts of Russian diplomatic missions at the ING bank while the others will be unblocked on Monday, June 22, Belgian Foreign Minister Didier Reynders told reporters on Saturday.

Carpathian Ruthenians demand recognition of them as separate nationality, autonomy

Ruthenians of the Trans Carpathian region in Ukraine demand to recognise them as a separate nationality and to be granted a status of autonomy through a dialogue with Kiev, Ruthenians’ leader Pyotr Getsko told TASS on Saturday.

The Hague court's ruling on Yukos final but Russia may seek annulment

The court ruled that Russia’s actions against Yukos could be regarded as expropriation of investments in breach of Article 45 of the Energy Charter...

The Hague arbitration court’s ruling ordering Russia to pay over $50 billion in compensation to former YUKOS oil company shareholders is final and not to be contested but Russia can seek its annulment, a legal expert said on Monday.

Russia may appeal to a Dutch court asking it to annul the ruling claiming a violation of public policy rules, Konstantin Lukoyanov, who is in charge of litigation proceedings at the law firm Linklaters, told ITAR-TASS, adding that Russia could file such an appeal within ten days.

Hague Court: Russia Must Pay Yukos Shareholders $50 Billion

The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.
The Hague court said it had awarded shareholders in the GML group just under half of their $114 billion claim, going some way to covering the money they lost when the Kremlin seized Yukos, once controlled by Mikhail Khodorkovsky.
GML said the Permanent Court of Arbitration ruled that the Russian Federation sought to bankrupt Yukos and appropriate its assets and that it was determined to do whatever was necessary to achieve this purpose.