Finance

EU countries broaden sanctions against Venezuela

Published by Global Banking & Finance Review

Posted on January 10, 2025

1 min read

· Last updated: January 27, 2026

Add as preferred source on Google
EU countries expand sanctions against Venezuela's officials - Global Banking & Finance Review
The image illustrates the European Union's recent decision to broaden sanctions against Venezuela, targeting key officials and security forces. This move highlights ongoing tensions in global finance and governance.
Global Banking & Finance Awards 2026 — Call for Entries

(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

EU Expands Sanctions Against Venezuela's Officials

(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.

Key Takeaways

  • EU adds 15 Venezuelan officials to sanctions list.
  • Total of 69 individuals in Venezuela now sanctioned by EU.
  • Sanctions include asset freezes and travel bans.
  • Maduro's government rejects sanctions as illegitimate.
  • Venezuela claims resilience despite economic measures.

Frequently Asked Questions

What is the main topic?
The main topic is the European Union's expansion of sanctions against Venezuelan officials, targeting the judiciary and security forces.
Who are affected by the new sanctions?
The sanctions affect 69 individuals in Venezuela, including members of the National Electoral Council, judiciary, and security forces.
What is Venezuela's response to the sanctions?
President Nicolas Maduro and his government reject the sanctions, calling them illegitimate and an economic war.

Related Articles

More from Finance

Explore more articles in the Finance category