Since the beginning of the war in Ukraine, Russian companies and oligarchs linked to the Kremlin have been subjected to severe sanctions. Now the Court of Justice of the European Union has lifted the sanctions imposed on two of them – Mikhail Fridman and Pyotr Aven.
In a court in Luxembourg, judges ruled that the EU Council had not provided sufficient evidence to include Russian oligarchs on the sanctions list. However, the decision does not mean that Friedman and Owen will be immediately removed from the sanctions list, as the ruling can still be appealed to Europe's highest court, the European Court of Justice.