
EU extends Russia sanctions after removing two tycoons from list
EU member states extended sanctions against nearly 3,000 Russian entities after agreeing to delist two oligarchs, while approving a record new trade package.
European Union member states have resolved a diplomatic deadlock to extend targeted sanctions against nearly 3,000 individuals and entities connected to Russia's invasion of Ukraine. The consensus was reached after member states agreed to remove steel tycoon Alisher Usmanov and banker Mikhail Fridman from the list, fulfilling demands raised primarily by France, Slovakia, and Luxembourg. Without an agreement before the deadline, the entire sanctions framework faced an automatic expiration due to the unanimity requirement.
Concurrently, EU foreign ministers meeting in Luxembourg approved the bloc's largest sanctions package to date. The new measures target Russia's military supply chains and industrial capacity, reinforcing European economic pressure against Moscow amid broader geopolitical uncertainty surrounding international support for Kyiv.
Sources: Correctiv, Der Standard, FAZ, ORF, Tagesschau.



