Russian sanctions

Latest news and articles about Russian sanctions from NEX English

EU Allocates Additional €80 Million to Ukraine from Frozen Russian Assets

The European Union has announced an allocation of an additional <strong>€80 million</strong> to Ukraine, sourced from profits generated by frozen Russian assets. This announcement was made during the visit of <strong>Josep Borrell</strong>, the EU's High Representative for Foreign Affairs, to Kyiv, where he emphasized the EU's readiness to implement a new package of sanctions against Russia.

Impose hefty fine on Apple for violating Russian sanctions

British authorities have imposed a fine of <strong>£390,000</strong> on Apple's European branch for violating sanctions against Russia by making payments to the video streaming service <strong>Okko</strong>. This raises questions about the compliance of global companies with sanctions imposed on Russia.