The Council of the European Union expanded the criteria for imposing sanctions on Russian business, allowing such a criterion to function in profitable sectors of the Russian economy. Relating to change It is included in Council Regulation (EU) 2023/1089 of 5 June 2023 amending Regulation (EU) No 269/2014 “On restrictive measures against actions that undermine or threaten the territorial integrity, sovereignty and independence of Ukraine”.
The amendment would also allow the EU to impose sanctions on relatives of prominent Russian businessmen. Prior to the change, from February 2022, the EU could add entities and individuals to sanctions lists if they were “leading entrepreneurs, legal entities, structures or entities involved in sectors of the economy that provide a significant source of income to the country’s government”. Russian Federation.”
old edition of Politico WroteThe EU may adopt the 11th package of sanctions against Russia on 7 June.