Finance
EU countries broaden sanctions against Venezuela
Published by Global Banking & Finance Review®
Posted on January 10, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 10, 2025
1 min readLast updated: January 27, 2026
The EU has expanded sanctions against Venezuela, targeting 69 officials including members of the judiciary and security forces, amid claims of economic warfare.
(Reuters) - European Union member states on Friday broadened their sanctions against Venezuela to include 15 additional members of the National Electoral Council of Venezuela, the judiciary, and the security forces.
A total of 69 individuals in Venezuela are now targeted by EU sanctions, including an asset freeze and a ban on travel to the EU.
President Nicolas Maduro and his government have always rejected sanctions by the United States and others, saying they are illegitimate measures that amount to an "economic war" designed to cripple Venezuela.
Maduro and his allies have cheered what they say is the country's resilience despite the measures, though they have historically blamed some economic hardships and shortages on sanctions.
The main topic is the European Union's expansion of sanctions against Venezuelan officials, targeting the judiciary and security forces.
The sanctions affect 69 individuals in Venezuela, including members of the National Electoral Council, judiciary, and security forces.
President Nicolas Maduro and his government reject the sanctions, calling them illegitimate and an economic war.
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