The latest attempt in Brussels to slap Moscow with a fresh round of sanctions and force Vladimir Putin into a ceasefire in Ukraine has stumbled upon an unexpected actor: Raiffeisen Bank International (RBI).
Austria's second-largest bank and one of eastern Europe's lending powerhouses is on the lips of diplomats as they contemplate, with deep scepticism, a contentious plan to compensate the corporation, which still operates a successful subsidiary in Russia despite a widespread exodus of Western businesses from the country.
