ECB pressuring major bank to leave Russia – Reuters
Mar 24th 2023 6:44am EDT
Austrian officials are reportedly defending Raiffeisen Bank’s activities in the sanctioned country The European Central Bank (ECB) is pressuring Austria’s Raiffeisen Bank to quit the Russian market, Reuters reported on Friday. The ECB is not demanding that Raiffeisen leave the country immediately, fearing the financial hit it could trigger, but wants the lender to develop […]
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