Ad
Russian financier Mikhail Fridman, sanctioned by EU for being an 'enabler of Putin's inner circle' (Photo: letterone.com)

Russian banker seeks to ruin Luxembourg over EU sanctions

Russian billionaire Mikhail Fridman is suing Luxembourg for $16bn (€14.5bn) in his bid to break EU sanctions, while a Fridman-linked firm is splashing out on anti-Western PR, despite prohibitions.  

The huge compensation claim is worth more than half the Grand Duchy's annual government expenditure and is to be contested via international arbitration in Ho...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login

Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Russian financier Mikhail Fridman, sanctioned by EU for being an 'enabler of Putin's inner circle' (Photo: letterone.com)

Tags

Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Ad

Related articles

Ad
Ad