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Olof Konig

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The EU has adopted a new package of sanctions against Russia. This is the eighth sanctions package imposed by EU. All legislation introduced by the EU in relation to the latest package of sanctions can be found here. The new sanctions package comprises: The sanctioning of 30 persons and seven entities that have played a role in the organization of illegal “referenda”, representatives of the defense sector, and well-known persons spreading disinformation about the war.…

On 21 July 2022 the EU Council adopted further Russia sanctions, including its “maintenance and alignment” sanctions package. The new Regulations/Council Decisions that introduce these sanctions can be found here and here. In summary, the new sanctions package (the “seventh sanctions package”) includes: A new prohibition to purchase, import, or transfer, directly or indirectly, gold, if it originates in Russia and it has been exported from Russia into the EU or to any third country. This…

On 3rd of June 2022, the Council decided to impose a sixth package of economic and individual sanctions targeting both Russia and Belarus. Relevant legislation implementing the sixth package of sanctions can be found here. The new sanctions ban the import of Russian oil into the EU, they cut off more of the key Russian banks from the international payment system SWIFT, they sanction additional parties and they ban more disinformation actors actively contributing to…

On 8 April 2022, the EU adopted a fifth package of sanctions which introduced new sectoral measures targeting the Russian and Belarusian economies. As part of the package, the EU also imposed restrictive measures on four key Russian banks, prominent oligarchs, business people and high-ranking Kremlin officials, as well as family members of already sanctioned individuals. The new Regulations and Council Decisions that introduce the new sanctions can be found here and here. We…