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![Austria Faces Fines Over Delayed EU Sanctions Law](<https://austriareport.com/images/austria_faces_fines_over_delayed_eu_sanctions_law_290f7abe_54da0c1df8.webp>)

# Austria Faces Fines Over Delayed EU Sanctions Law

November 8, 2026 at 02:59 PM

> The Austrian government missed a deadline to implement EU sanctions directives, risking millions in fines amid internal political disputes.

Austria faces a potential fine of nearly ten million euros after missing a deadline to implement an EU sanctions directive. Despite an extension to November 4, 2024, negotiations between the OVP, SPO, and Neos ended Wednesday without a legislative agreement.

The directive targets businesses trading with Russia or circumventing sanctions, requiring fines based on turnover rather than profit. While the Ministry of Justice submitted a draft in 2023, the OVP warns that turnover-based fines could cause bankruptcies.

A European Court of Justice conviction carries a 4.5 million euro lump sum plus daily penalties. With 65 active infringement procedures, the government now aims to send a draft for review on November 18, 2024, to enact the changes by the start of 2025.


Fotó: Ejov Igor · Pexels

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