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BREAKING: EU bans sale of luxury cars and goods to Russia; bloc will also sanction Abramovich, defence companies, named prominent figures; VDL aims to ‘further cripple Putin’s ability to finance this unjustified war’

Source: EC - Audiovisual Service

By Elizabeth Hearst for AMLi

The EU will ban the sale of cars worth more than €50,000 and luxury goods worth over €300 to Russia.

The bloc will now also sanction Russian oligarch, Roman Abramovich, as part of the fourth sanctions package unleashed by the Union over Russia’s unprovoked invasion of Ukraine. 

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