BelgiumEU Lifts Sanctions on Russian and Belarusian Billionaires After Court Victories
The European Union has removed Russian billionaire Mikhail Gutseriev and Belarusian entrepreneur Viktor Shevtsov from its sanctions list after they successfully challenged the restrictions in court.
Background
Following Russia's 2022 invasion of Ukraine, the EU imposed extensive sanctions on Russian and Belarusian individuals and entities. These measures aimed to pressure the governments involved, but some sanctioned individuals have pursued legal challenges against their inclusion on these lists.
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EU Lifts Sanctions on Russian and Belarusian Billionaires After Court Victories
First report 15h agoLast update 15h ago1 takes 1
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started 15h ago•Last update 15h ago
Reports that the EU has lifted sanctions on two billionaires due to their victories in court, citing a lack of legal grounds to maintain the restrictions.
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