European Court Hearings on Rosneft’s Lawsuit against EU Council Begin

Big Business – Serious Consequences On February 23, 2016 the European General Court (EGC) in Luxembourg started hearings in the so-called sanctions case of Russia’s OJSC Rosneft against the EU Council. What role does this case play in the EU’s system for sanctions policy? When and why was the lawsuit filed? What are the prospects for its consideration amidst the sanctions war between the West and Russia? The basic ...