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Whether They Back War or Not, Russian Billionaires Hit by EU

  • EU places sanctions on six of Russia’s wealthiest tycoons
  • Mikhail Fridman calls invasion a ‘tragedy,’ urges end to war
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U.S. and Allies Issue Sweeping Sanctions Against Russia
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The European Union’s move to adopt sanctions on six of Russia’s wealthiest individuals, even as half said they wanted the invasion of Ukraine to end, highlights the precarious position the country’s elite find themselves in amid the ongoing attack.

The restrictions imposed Monday are some of the most sweeping yet on Russia’s super-wealthy, freezing assets and putting in place travel bans and trading curbs. The EU is already working on further measures to penalize more oligarchs, people familiar with the plans have said, as it looks to isolate those with close ties to Russian President Vladimir Putin from the financial system and global economy.