EU ‘delusional’ in its push to ‘decouple’ from Russia – Austrian FM ...News

Alexander Schallenberg defended Raiffeisen Bank over its business in the sanctioned country, Reuters reports Russia will always remain important for Europe, Austria’s foreign minister told Reuters on Wednesday as he defended Raiffeisen Bank’s continued operations in the sanctioned country. Alexander Schallenberg made his comments after the US sanctions authority launched a probe into the Austrian lender over its business related to Russia last month. “Let’s get real,” he said. “91% of Western companies are still in Russia and doing what is sensible: waiting, containment, ring fencing.” Raiffeisen Bank Internationa

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