BRUSSELS (Reuters) -The European Union’s member states agreed on Friday to extend sanctions on individuals related to Russia’s war in Ukraine for another six months, Denmark acting as holder of the bloc’s rotating presidency said in a post on X. EU has listed over 2,500 entities and individuals as part of its Russia sanctions, which […]
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EU extends sanctions on individuals linked to Russia’s war in Ukraine
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BRUSSELS (Reuters) -The European Union’s member states agreed on Friday to extend sanctions on individuals related to Russia’s war in Ukraine for another six months, Denmark acting as holder of the bloc’s rotating presidency said in a post on X.
EU has listed over 2,500 entities and individuals as part of its Russia sanctions, which freezes bank accounts and bans travel into the EU. The rollover has sometimes been a fraught process with Hungary frequently making demands for delistings. In this instance, there were no political delistings, diplomats said.
Member states must unanimously agree to renew sanctions every six months. The EU uses two main sanctions frameworks against Moscow: one which targets a list of people and companies, and another comprising measures against sectors, such as a price cap on Russia’s oil and the immobilisation of its central bank’s assets.
(Reporting by Andrew Gray and Julia Payne; Editing by Benoit Van Overstraeten and Peter Graff)