On February 24, 2022, following Russia’s attack on Ukraine in the early hours of the morning, both the European Union (EU) and United Kingdom (UK) announced sanctions against Russia.
Specifically, Reuters reports that EU officials have announced that they “[would] impose new sanctions on Russia, freezing its assets, halting its banks' access to European financial markets and hitting 'Kremlin interests’ over its invasion of Ukraine.” The goal of these sanctions is said to push Russia’s leadership to face “unprecedented isolation." More specifically, according to JURIST, the EU froze...