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EU Renews Russia Sanctions After Reaching Compromise With Hungary

The European Union extended sanctions on over 2,400 Russian individuals and entities following Hungary's agreement to remove four names from the list.

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, April 20, 2016. REUTERS/Francois Lenoir/File Photo
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin chairs a meeting with members of the government via videoconference at the Kremlin in Moscow on March 5, 2025. (Photo by Mikhail METZEL / POOL / AFP) (Photo by MIKHAIL METZEL/POOL/AFP via Getty Images)
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Overview

  • The EU sanctions on Russian individuals and entities were renewed until September 15, 2025, just ahead of the Saturday deadline.
  • Hungary initially threatened to veto the renewal unless multiple individuals were removed from the sanctions list.
  • A compromise was reached to delist four individuals, including businessman Vladimir Rashevsky and Russian Sports Minister Mikhail Degtyarev.
  • Hungary's stance reflects its ongoing ties with Moscow and its argument that the sanctions may hinder potential peace talks led by U.S. President Donald Trump.
  • The EU's sanctions require unanimous approval every six months, with over 2,400 individuals and entities currently targeted.