The French Ministry of Finance Announces Its Position on Films Funded by Russian Oligarchs Sanctioned After Roman Abramovich-sponsored Picture Debut at Cannes

Special: How did Roman Abramovich support? tchaikovsky’s wife The French Ministry of Economy and Finance clarified its stance on sanctioned oligarch-supported films at the Cannes Film Festival this week.

Although the ministry said it could not consider specific cases or investigations, a ministry spokesperson told us: “If your production company is based in France or another country, film royalties may be frozen. of the European Union.”

The ministry added: “According to the law, the goods of the Russian people under European sanctions are not taken, but frozen. This means that their assets still belong to them, but they cannot freely dispose of them (for example, they cannot sell, rent or derive any economic benefit from them). “They can only be seized if they try to break the law (for example, if they try to prevent a ship from sailing into a European port).”

Participating in the Cannes competition tchaikovsky’s wifeThe drama, starring Russian dissident Kirill Serebrennikov before the invasion of Ukraine, is a European co-production sponsored by Abramovich, in addition to French and Swiss themes. The film was produced by Arthouse Champion Ilia Stewart (petrov flu), is a Russian-Australian producer currently living in France.

You must be wondering if the royalties frozen by the French government on this project were worth it given the large amount of money and assets you have focused on so far, it was only about an investment by Abramovich Kinoprime. Basis. . Others are likely to be rewarded first.

French sales firm Charades said the ministry had not contacted the company but would comply with any government orders regarding Russian financing. The firm did not comment further.

At yesterday’s press conference Tchaikovsky’s wife ცოლი, Director Serebrennikov demanded the lifting of sanctions against Abramovich, whom he calls the patron saint of art.

In recent years, Abramovich has invested in several European auteur films through the $100 million Kinoprime Foundation.

Last month, France seized the oligarch’s flamboyant palace on the French Riviera as part of European sanctions against the billionaire, who initially made his money from the oil industry. The Cap d’Antibes house was one of dozens of French properties that France seized in recent weeks after the invasion to overthrow Vladimir Putin and his aides.

England also imposed sanctions on Abramovich (and other Russian billionaires), forcing him to sell his favorite football club Chelsea. The US also froze Abramovich’s bank accounts.

Abramovich attended peace talks in Ukraine and was allegedly poisoned earlier this year during talks between Kyiv and Moscow.

tchaikovsky’s wife One of the most famous Russian composers of all time, Pyotr Tchaikovsky and his wife Antonina Milyukova have a troubled relationship.

This year, the Cannes Film Festival banned official Russian delegates, as well as journalists who broadcast pro-Putin. It was decided to open tchaikovsky’s wife In its composition, because the film was shot at a time when there was no comprehensive EU sanction against Abramovich.