EC publishes Q&A on latest sanctions

Sanctions are targeted at the Russian economy, the Kremlin, its power base and those involved in Russia’s unprovoked war against Ukraine. They aim to impair the Russian government’s ability to finance its war against Ukraine and are calibrated to target...

EU adopts 6th package of sanctions against Russia

The package contains a complete import ban on all Russian seaborne crude oil and petroleum products. This covers 90% of our current oil imports from Russia. The ban is subject to certain transition periods to allow the sector and global markets to adapt…

EU rules on freezing & confiscating assets of oligarchs

The Commission is also proposing new reinforced rules on asset recovery and confiscation, which will also contribute to the implementation of EU restrictive measures. While the Russian aggression on Ukraine is ongoing, it is paramount that EU restrictive measures are...

European Commission’s annual report

European Parliament says Commission’s assessment of the rule of law in the EU is useful but has significant room for improvement. It has called for 1) broader scope and more in-depth, transparent assessment 2)concrete, country-specific recommendations and targets...