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Politics · Multi-perspective analysis

EU's removal of two Russian billionaires from sanctions list draws criticism

The EU's move to drop two Russian billionaires from its sanctions list, as part of a wider deal on new Russia sanctions, has drawn criticism from some member states and a counter-proposal from Ukraine, while the billionaire at the center reportedly did not expect the reprieve.

Analysis deskEditor Andersson Iyke
4 outlets, 2 regions

What happened

The European Union lifted sanctions on two Russian billionaires, named by Ukrainska Pravda as Alisher Usmanov and Mikhail Fridman, as part of a deal reaching agreement on a new Russia sanctions list.123

Ukraine responded by proposing that the EU instead sanction other Russian billionaires, Vladimir Lisin and Vladimir Potanin.1

Some EU member states criticized the delisting, saying it undermined support for Ukraine's war effort and signaled the bloc would bow to blackmail.2

A Bloomberg source said Mikhail Fridman was surprised by the EU's decision to lift sanctions against him.4

What's agreed

Reported consistently by outlets in more than one region.

  • The EU lifted sanctions on two Russian billionaires, named by Ukrainska Pravda as Alisher Usmanov and Mikhail Fridman.123
  • The removal of the two billionaires came as part of a broader EU agreement on a new Russia sanctions package.23

Where accounts differ

Each account is attributed to who makes it. We do not judge between them.

What the removal of Usmanov and Fridman signifies

Some EU member states, via The Straits Times

The delisting undermines support for Ukraine's war effort and signals the EU would bow to blackmail.2

EU diplomats and negotiators, per Politico Europe

The delisting is presented as a compromise that was necessary to secure agreement on a new, broader Russia sanctions list.3

How it's framed

What each perspective puts first, based on headlines and summaries.

PerspectiveHow it readsWhat it puts first
Ukrainian outlet reporting on Ukraine's diplomatic responseEuropeFocuses on Ukraine's proposal to substitute other oligarchs (Lisin, Potanin) onto the sanctions list in response to the delisting.1Ukraine's counter-proposal, alternative sanctions targets
Singapore-based outlet reporting from BrusselsSoutheast AsiaEmphasizes internal EU political backlash, framing the delisting as controversial and potentially damaging to unity on Ukraine.2backlash, undermined support, bow to blackmail
EU affairs outlet analysisEuropeFrames the delisting as the price of compromise needed to finalize a broader sanctions package, alongside discussion of unrelated national controversies.3compromise, deal-making, sanctions list finalized
Independent Russian-language outletEuropeHighlights Fridman's own reported reaction of surprise at being delisted, citing a Bloomberg source.4billionaire's reaction, surprise

What the coverage leaves out

  • None of the outlets reviewed detail the EU's official stated justification for removing Usmanov and Fridman from the sanctions list.
  • None of the outlets reviewed report which specific EU member states voiced the criticism described by The Straits Times.
  • None of the outlets reviewed report the EU's response to Ukraine's counter-proposal to sanction Lisin and Potanin.
  • None of the outlets reviewed provide detail on the 'revelations about France' referenced in the Politico Europe snippet.

Why it matters

The delisting drew criticism from some EU members and came alongside a broader sanctions deal.23

What to watch

  • Whether the EU adds Lisin and Potanin, as proposed by Ukraine, to its sanctions list.
  • Further reaction from EU member states to the delisting of Usmanov and Fridman.

Sources (4)

Every outlet we drew on, grouped by where it is based. Read the originals for the full reporting.

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