Politics

EU closes in on three-year Russia sanctions rollover with two billionaires delisted

Billionaires Mikhail Fridman and Alisher Usmanov have been subject to EU restrictions since February 2022. (Wiki Commons/Nicolas Economou/NurPhoto via Getty Images)
Billionaires Mikhail Fridman and Alisher Usmanov have been subject to EU restrictions since February 2022. (Wiki Commons/Nicolas Economou/NurPhoto via Getty Images)

The 36-month extension is significantly longer than the EU’s usual sanctions rollovers of six or 12 months.