Exclusives | Europe

Austria stalls Russian sanctions over Raiffeisen blacklisting

14 December 2023, 12:00 am

1 min read

Workers use a crane to dismantle a signboard advertising Raiffeisen Bank from a building, as a monument to Soviet state founder Vladimir Lenin is seen in the foreground, in Moscow, Russia April 14, 2023. REUTERS/Maxim Shemetov

Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation.