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Putin Expands Foreign Agents Bill; Adopts Subsidies on Gazprom Perpetual Bond Coupons

RUSSIA

LOCAL NEWS

  • Yesterday, Putin expanded the 'foreign agents' bill to any politically active, foreign funded individual or organisation working in Russia
  • Expands state control over the local organs of production.
  • Any 'foreign agents' must report their activities QoQ or face audits - Moscow Times
  • Govt adopts rules of subsidies on coupon payments to Gazprom's perpetual bond holders, ordering to take the subsidies into account during dividend calculation.
  • federal budget subsidies shall be paid if the issuer unilaterally refuses to pay coupons.- PRIME
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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