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OTP Bank is the third largest EU lender still in Russia, after Austria's Raiffeisenbank and Italy's UniCredit (Photo: Barna Rovács)

Orbán still vetoing EU's Russia sanctions over bank insult

Greece and Hungary are still blocking EU sanctions on Russia, as talks drag out into their third month.

They want Ukraine to first delete Greek shipping firms and a Hungarian bank from Kyiv's list of "international war sponsors".

Ukraine's unilateral name-and-shame blacklist has a purely PR significance.

But Athens and Budapest say the stigma is hurting their top companies' reputations and are trying to use their EU vet...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

OTP Bank is the third largest EU lender still in Russia, after Austria's Raiffeisenbank and Italy's UniCredit (Photo: Barna Rovács)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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