Belgium announces interest tax on new aid funds from frozen Russian assets

[Belgium announces interest tax on new aid funds for Ukraine from frozen Russian assets]-according to Agence France-Presse, local time announced on the 12th that Belgium will provide Ukraine with a new aid package worth nearly 100 million euros, funded by taxes on interest earned on frozen Russian assets. According to the Belgian prime minister's office, the Russian central bank currently has about 180 billion euros of assets frozen in Belgium. So far, interest earned on frozen Russian financial assets in the country has generated taxes of about 625 million euros. Belgium's latest aid brings the total amount of military and humanitarian assistance provided to Ukraine since the conflict between Russia and Ukraine to 300 million euros.