EU Removes Sanctions on Russian Tycoons Despite Kremlin's Criticism

1 min read
Source: Reuters
EU Removes Sanctions on Russian Tycoons Despite Kremlin's Criticism
Photo: Reuters
TL;DR Summary

The European Union has removed three Russian business leaders, Grigory Berezkin, Farkhad Akhmedov, and Alexander Shulgin, from its sanctions list targeting Russia over its invasion of Ukraine. The decision has sparked speculation about a potential shift in the EU's sanctions policy. Berezkin and Shulgin's legal team sees it as a possible move towards a more discretionary approach, while Akhmedov's lawyer stated that his client is still pursuing legal action at the European Court of Justice. The Kremlin, without naming any individuals, criticized Russian business leaders who seek to have personal Western sanctions lifted as traitors.

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