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Analyses | | Iwona Wiśniewska, Filip Rudnik
On 20 May, the European Union adopted its 17th sanctions package against the Russian Federation. This package significantly expands the list of entities subject to EU sanctions. It includes 189 tankers from the ‘shadow fleet’, along with…
Analyses | | Iwona Wiśniewska
On 30 April, the Russian government approved a draft law to revise the 2025 budget parameters. The government’s new macroeconomic projection assumes, among other things, an average annual oil export price of $56 per barrel (down from the $…
Analyses | | Iwona Wiśniewska, Filip Rudnik
On 24 February, the European Union adopted its 16th package of sanctions against Russia, targeting the energy, financial, and metallurgical sectors. A key element of the package is the further tightening of restrictions on the sale of…
Analyses | | Iwona Wiśniewska
On 15 January, the outgoing US administration amended the legal basis for sanctioning nearly 100 Russian entities. The new package of restrictions subjects all these companies to sanctions under Executive Order 13662 (2014), which…
Analyses | | Iwona Wiśniewska, Filip Rudnik
On 21 November, the United States further tightened financial restrictions on Russia. This time, Gazprombank, along with its Swiss-based subsidiaries and over 50 smaller Russian banks involved in facilitating Russian foreign trade, was…
Analyses | | Marcin Jędrysiak, Sławomir Matuszak, Iwona Wiśniewska
During the summit in Apulia from 13–15 June, the G7 group decided to launch a mechanism to aid Ukraine, effectively offering it $50 billion by the end of 2024. The Extraordinary Revenue Acceleration Loans for Ukraine (ERA) involves…
Analyses | | Iwona Wiśniewska
On 12 June, the United States once again expanded its restrictions in an attempt to further separate the Russian Federation (RF) from international financial markets. The US sanctions lists now include 100 new individuals and entities from…
Analyses | | Iwona Wiśniewska
On 21 May, the Council of the European Union approved a plan to allocate the profits generated by frozen Russian state assets to support Ukraine. Central securities depositories in the EU (national or international financial institutions…
Analyses | | Maria Domańska, Iwona Wiśniewska, Piotr Żochowski
On 10–12 May, after being sworn in for another presidential term following the illegal ‘election’, Vladimir Putin decided on the new line-up of the Russian cabinet. Prime Minister Mikhail Mishustin retained his post (the State Duma…
Analyses | | Filip Rudnik, Iwona Wiśniewska
On 1 May, the United States expanded its sanctions against Russia on another 29 individuals and 250 entities incorporated in the Russian Federation and third countries. The items targeted include: