Ukraine’s National Agency on Corruption Prevention (NACP) has refused to remove Austria’s Raiffeisen Bank from the international sponsors of war list, citing the bank still not having a clear plan to leave the Russian market, Reuters reported on Feb. 15. Raiffeisen Bank International (RBI) continues to operate in Russia, leading the NACP to include the […]
Tag: Raiffeisen
Austria backs EU sanctions package after Raiffeisen suspended from war sponsor list
Austria supported the EU’s 12th sanction package against Russia after Ukraine suspended the inclusion of the Raiffeisen Bank in the war sponsors list, Reuters reported on Dec. 16, citing an EU diplomat. Media reports emerged ahead of the Dec. 14-15 European Council summit that Vienna is delaying the newest package in an effort to remove […]
Austria unblocks sanctions against Russia after Ukraine’s concession on Raiffeisen Bank
Austria has agreed to lift its blocking of the 12th package of EU sanctions against Russia after Ukraine removed its bank Raiffeisen from the list of international sponsors of the war. Source: European Pravda with reference to reporter Rikard Jozwiak and Reuters Details: The first to report the unblocking of the sanctions package was Radio […]