March 13, 2022  SEONews

EU discussing sanctions on Chelsea’s Abramovich, other Russians – Fortune

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European Union governments are discussing sanctioning the owner of Chelsea Football Club, Roman Abramovich, along with more than a dozen other prominent Russians, according to documents seen by Bloomberg and people familiar with the matter.

The list, which still needs to be approved by EU governments and could change before that happens, also includes Tigran Khudaverdyan, the executive director and deputy CEO of Yandex NV, a Russian internet search engine that also operates a large ride-hailing operation, and Victor Rashnikov, who owns Magnitogorsk Iron & Steel PJSC, one of Russia’s biggest steelmakers.

EU ambassadors met on Sunday to discuss a fourth round of sanctions and trade restrictions, after European Commission President Ursula von der Leyen previewed the measures on Friday. Diplomats aim to finalize the package as early as Monday.

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Read Full Story: https://fortune.com/2022/03/13/eu-discussing-sanctions-chelseas-abramovich-other-russians/

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