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Published 1 year ago

EU plans to fine companies for breaking sanctions against Russia

Summary by Ground News
The European Commission issued a proposal on Friday to fine companies at least 5% of their worldwide turnover if they break EU sanctions against Russia. The proposal needs approval from the European Parliament and the EU's 27 member states. Breaking sanctions on Russia is already a criminal offence in some EU countries, but in others it is treated as an administrative offence.

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