EU Sanctions against Russian Oligarchs and Entrepreneurs: Implementation and Challenges
EU Sanctions against Russian Oligarchs and Entrepreneurs: Implementation and Challenges

Author(s): Elżbieta Kaca
Subject(s): Economic policy, International relations/trade, Security and defense, EU-Accession / EU-DEvelopment, Russian Aggression against Ukraine
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: EU; Russia; Oligarchs; sanctions; implementation; challenges;
Summary/Abstract: EU sanctions against Russia's business elite resulted in the freezing of some assets, and the European Commission (EC) has strengthened the coordination of their implementation. The challenge is to further detect the ownership of property of sanctioned persons, and the potential confiscation and use of funds to help Ukrainian citizens. Poland may demand an extension of sanctions on other oligarchs, their family members and proxies, and require the EC to report regularly on the results of the restrictions.

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