Source Pravda.Ru

Parliament receives draft on nationalization

Russian Prime Minister Mikhail Kasyanov ordered the introduction of a draft federal bill on the nationalization of property owned by individuals and legal entities, the department of government's information reported.

According to earlier reports of Senior Deputy Property Minister Alexander Braverman, the draft is based on four principles. Firstly, nationalization can be performed only for providing defense capacity and security in the country. Secondly, nationalization will envisage compensation for the cost of property and possible losses to the owner of property. The third principle stipulates that nationalization expenditures will be included in classified budget items. Finally, nationalization will not be used as a punishment. Property subject to nationalization will be estimated by independent experts and compensations for property will be paid in full without partial installment.

Comments
Brexit: The UK's misunderstanding of Democracy
Macron challenges Trump. French independence and croissants at stake
Macron challenges Trump. French independence and croissants at stake
Brexit: The UK's misunderstanding of Democracy
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin dislikes the idea of US army bases coming to Kuril Islands
Russia and USA fight even in space: Americans damage Soyuz deliberately
Russia and USA fight even in space: Americans damage Soyuz deliberately
USA plays to pretend a mighty dragon that can no longer breathe fire
Argentina's coast guard sinks Chinese trawler
Brexit: The UK's misunderstanding of Democracy
USA plays to pretend a mighty dragon that can no longer breathe fire
Russia rips its economy apart with help from the West
Brexit: The UK's misunderstanding of Democracy
Presidential and midterm elections in the USA change the 'American project' entirely
Presidential and midterm elections in the USA change the 'American project' entirely
Presidential and midterm elections in the USA change the 'American project' entirely
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy