This decision was approved on March 4 on the basis of the annual review of the measures, according to the website of the EU Council.
“The Council today decided to prolong for one more year, until 6 March 2022, the existing asset freezes directed against 7 individuals identified as responsible for the misappropriation of Ukrainian state funds or for the abuse of office causing a loss to Ukrainian public funds. The restrictive measures against one person were prolonged until 6 September 2021, and those against two persons were not extended,” reads the report.
It is noted that the sanctions were initially introduced in March 2014 and extended on a yearly basis since then.
The legal acts, with the list of persons subject to EU sanctions, will be published in the Official Journal on Mach 5, 2021.
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