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Russian president Vladimir Putin at a diamond industry conference in December 2014 - shortly after his first invasion of Ukraine (Photo: kremlin.ru)

Putin's diamond firm off the hook in EU sanctions

The EU is giving Russia carte blanche to keep selling diamonds to Antwerp and the rest of Europe, despite grave escalation in Ukraine.

It had been planning to blacklist Russian diamond-mining giant Alrosa under original EU Commission proposals seen by EUobserver.

Alrosa had directly financed a new Russian naval submarine as well as feeding billions of euros a year into the Kremlin's war chest, the EU had...

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 president Vladimir Putin at a diamond industry conference in December 2014 - shortly after his first invasion of Ukraine (Photo: kremlin.ru)

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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.

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