Sanctions against Russian oligarchs are difficult to implement

As bombs fall on Kyiv, Russian banks, conglomerates, ministers, and oligarchs are being hit by sanctions that seemed unimaginable just a week ago. The European Union’s current list includes 26 individuals and one company. One fact makes the Russian economy particularly vulnerable: more than half of the wealth of Russia’s richest 0.01 percent is located outside the Russian Federation. The European authorities could therefore access it more easily.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the Europe.Table? Log in now

Related

    Czech Minister of European Affairs Bek: ‘Gas emergency plan is not the final solution’
    SMEs and start-ups want to help shape the EU communications network in space
    New Secretary General of the EU Parliament: five candidates hope to succeed Welle
    ‘Agriculture must become part of the climate solution’