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As Trump Weighs Thaw With Putin, EU Set to Renew Its Blacklist

  • Russian oligarchs Rotenberg, Kovalchuk among people sanctioned
  • EU to extend travel, asset curbs as Trump seeks Russia ties
European Union flags.
Photographer: Jock Fistick/Bloomberg
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The European Union plans to renew asset freezes and travel bans against key allies of Russian President Vladimir Putin who are accused of destabilizing Ukraine, at a time when Donald Trump is weighing warmer ties with Moscow.

Four EU officials said member governments intend by mid-March to prolong the sanctions for another six months on more than 100 Ukrainians and Russians. Among them: Arkady Rotenberg, co-owner of SMP Bank and InvestCapitalBank, and Yury Kovalchuk, the biggest shareholder in Bank Rossiya, the Brussels-based officials said. The officials spoke on condition of anonymity because the deliberations are confidential.