Euronews EU Sanctions Against Russia Intensify Amid Oligarch Removals
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- •The EU has launched its 21st sanctions package against Russia, focusing on energy and finance.
- •Oligarchs Usmanov and Fridman were recently removed from the sanctions list, prompting criticism.
- •Bill Browder emphasizes the need for more sanctions to weaken Russia's war efforts.
The European Union has introduced its 21st sanctions package against Russia, targeting key sectors such as energy, financial services, and trade. This follows the removal of Russian oligarchs Alisher Usmanov and Mikhail Fridman from the sanctions list, which has drawn criticism from figures like Bill Browder. Browder argues that sanctions are essential to inflict economic damage on Russia to end the war in Ukraine. The sanctions aim to maintain pressure on Russia's economy, which is reportedly facing severe challenges, including a 40% drop in energy revenues and rising inflation. The EU's new measures include banning former Russian combatants from entering the EU and targeting additional vessels involved in circumventing sanctions. The situation remains critical as the conflict continues to escalate, with drone incidents reported in Eastern Europe.
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