World
Anger grows as EU drops sanctions on Russian billionaires
The European Union is facing a wave of criticism after removing some wealthy Russian tycoons from its official sanctions list.
A view of the European Union flag flying outside the EU headquarters in Brussels.
By John Doe
Reporting from Europe 
Sept. 24, 2026, 1:08 p.m. - 8 hours ago
The European Union is in hot water. They recently decided to take some very wealthy Russian businessmen—known as oligarchs—off their list of people who are being punished. This move has sparked a lot of anger.
Sanctions are basically tools used to punish people or countries. In this case, the EU had frozen the bank accounts and property of these Russian billionaires to pressure them because of the war in Ukraine. Now that these names are off the list, those people can access their money and property again.
Ukraine is very upset by this decision. They say it is wrong to let these people off the hook while the war is still going on. Critics are worried that this makes the EU look weak.
Reports show that some of these billionaires used deep connections and complex networks of people to fight the sanctions in court. By winning these legal battles, they convinced the EU that they shouldn't be on the list anymore.
This has left a bad taste for many who support Ukraine. People are asking how the EU can claim to be tough on Russia while also letting wealthy allies of the Russian government get their money back. It is a major headache for European leaders right now.
Source: Euronews.com
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