Russian Tycoons Study 2 EU Sanctions Exemptions as Few See Quick Route Out
Updated
Updated · Bloomberg · Sep 26
Russian Tycoons Study 2 EU Sanctions Exemptions as Few See Quick Route Out
3 articles · Updated · Bloomberg · Sep 26
Summary
Russian billionaires are dissecting the EU exemptions granted to Alisher Usmanov and Mikhail Fridman, looking for clues to loosen their own restrictions.
Few expect those cases to offer an immediate template, with tycoons and advisers saying the two reprieves appear tied to specific circumstances rather than a broader policy shift.
Years of frozen assets and legal fights across multiple sanctions regimes have left many of Russia’s richest businessmen seeing little chance of a quick end to their pariah status.