Austria has reportedly given its approval in return for the removal of Raiffeisen Bank from Ukraine’s blacklist EU members have reached an agreement on the 12th package of sanctions on Russia, TASS reported on Saturday, citing sources in Brussels. The restrictions are expected to come into effect early next week, an EU diplomat has confirmed. Approval of the sanctions had been held up due to a last-minute veto by Austria, which was seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, removed from Ukraine’s list of ‘international sponsors of war’ in return for signing off on the new pa
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