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Austria has approved the 12th package of EU sanctions against the Russian Federation after Ukraine removed Raiffeisen Bank International from the blacklist, reports Reuters. It is noted that Austria insisted on excluding the bank from the Ukrainian list of “international sponsors of war.” This was to motivate companies doing business in Russia and supporting the aggressor’s army by paying taxes. “The Austrian sanctions reservation is lifted,” one of the European diplomats told the agency. The “blacklist” has no legal force, but it has a symbolic meaning – to increase public pressure on Raiffei…

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