EU renews Russia sanctions, drops Russian billionaires Usmanov and Fridman

EU envoys agreed to drop two billionaires from its Russian sanctions list and to rollover the remaining 3000 individuals and entities for three years EU diplomats said on Tuesday EU envoys had earlier agreed to remove the Russian billionaires Alisher Usmanov and Mikhail Fridman in exchange for a three-year renewal but Latvia was the last hold-out in an unusually fraught process