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EU renews Russia sanctions, drops Russian billionaires Usmanov and Fridman
- On Tuesday, EU diplomats agreed to drop Russian businessman Alisher Usmanov and Russian billionaire Mikhail Fridman from the sanctions list, extending remaining measures for three years after Latvia withdrew its veto.
- France pushed for Russian-Uzbek metals tycoon Usmanov's removal earlier this month, citing national security concerns, while Luxembourg demanded equal treatment for Fridman, who launched a $16 billion claim against the country.
- Previously, Russia sanctions required unanimity among EU countries and were renewed every six months, but Latvia ultimately abstained from this vote, allowing the three-year renewal deal to pass.
- Formal adoption remains pending, awaiting completion of a written procedure to finalize the rollover of remaining individuals and entities currently on the sanctions list.
- The unusually fraught process illustrates ongoing tension as EU countries navigate individual security concerns alongside collective efforts to maintain pressure on Russia through sanctions policy.
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27 Articles
27 Articles
EU Drops Usmanov and Fridman From Sanctions List Amid Reported Pressure From France and Luxembourg
EU envoys have agreed to exclude two billionaires from the sanctions list against Russia while extending restrictions for the remaining 3,000 individuals and entities for three years.
·Kyiv, Ukraine
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Ukraine's Foreign Ministry on Tuesday criticized the European Union's (EU) decision to remove oligarchs Alisher Usmanov and Mikhail Fridman from the sanctions list against Russia.
The EU scrapes Alian Usmanov and Mikhail Fridman from the sanctions list, thereby securing the sanctions against some 3000 other actors.
·Berlin, Germany
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volksfreund.de+2 Reposted by 2 other sources
They made a lot of fuss among the EU countries, but after long wrestling, it is clear that two billion Russian oligarchs are no longer subject to EU sanctions, while others are even longer.
Coverage Details
Total News Sources27
Leaning Left1Leaning Right5Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
C 54%
R 38%
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