Limited EU sanctions on Russia to have little impact but NS2 concerns linger

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By Mariam Meskin
23 Feb 2021

New sanctions from the EU on Russian figures following the imprisonment of opposition leader Alexei Navalny are set to have little impact on Russia, according to market experts. However, companies withdrawing from the Nord Stream 2 project indicate a growing uneasiness around conducting business with Russian entities.

The EU will sanction four Russian figures in relation to the imprisonment of opposition leader and Kremlin critic Alexei Navalny, it was confirmed on Monday.

The back and forth of comments and retaliation that has ensued since Navalny returned to Russia from Germany in January after being treated ...

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