Austria backs EU Russia sanctions after Ukraine removes Raiffeisen from blacklist

Austria backs EU Russia sanctions after Ukraine removes Raiffeisen from blacklist

IndiaTimes

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Austria has given its approval to a 12th package of EU sanctions on Russia after Ukraine removed Raiffeisen Bank International from a blacklist, Ukraine's government website and an EU diplomat said on Saturday. Austria had been pushing to remove the bank from a Ukrainian list dubbed "international sponsors of war" - which sets out to shame companies doing business in Russia and supporting the war effort by, for instance, paying taxes. "Austria's sanctions reservation is lifted," an EU diplomat said.

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