Russian media Sputnik goes bankrupt in France after European sanctions

The Russian news agency has been banned from the EU since March 2022.

Article written by

Posted

Reading time : 1 min.

The Sputnik News news agency has entered into compulsory liquidation proceedings in France, following the banning of Russian state media decided by the European Union (EU) after the start of the offensive against Ukraine, announced Thursday, July 22 the leader of the French entity Vladimir Morozov to AFP.

Accused of being instruments of “disinformation” from Moscow, Russian state media RT and Sputnik were banned from the EU after the start of the Russian offensive against Ukraine. A television and internet ban came into force on March 2. The news channel RT France still continues to broadcast in French and to publish articles on its site, even if the latter is blocked in France.

The judicial liquidation was pronounced on May 4 and may be extended until 2024, according to its president, confirming information from the World. The 27 employees of the company in France, whose salary had been covered by the wage guarantee scheme, were dismissed shortly after this judgment. The company leaves behind around 500,000 euros in liabilities, in particular social debts and tax. “There is about half of this amount in Russia”specified thee liquidator of the company Christophe Bassebut attempts to recover them have so far been unsuccessful.


source site-25