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Right-wing march passes peacefully

A march of German-nationalist student federations and a counter demonstration of left-wing groups in Vienna has passed without any serious incidents.

Right-wing march passes peacefully
Left-wing demonstrators. Photo: APA

Police said that more than 1,000 protesters from the anti-fascist group Offensive gegen Rechts took part – although organisers estimated numbers at 2,500.

Police made two arrests during the afternoon, although police spokesman Johann Golob said these were not directly related to the rally but involved two individuals who had injured policeman in violent protests against the Akademikerball in January.

Earlier in the day members of the academic Burschenschaften fraternities of the Wiener Korporationsring (WKR) gathered in front of Vienna University, a yearly tradition to celebrate the Festival of Freedom (Fest der Freiheit). Around 60 policemen in riot gear were there to keep them apart from left-wing protesters.

The Burschenschaften, while claiming to be politically neutral, have a long history of promoting a greater Germany based on language, culture, and democracy.

The police presence was strong – with around 1,000 officers as well as a police helicopter. Golob told the Austrian Press Agency that the goal was to make sure the demonstration passed peacefully, and that this had been achieved. He said that “Vienna police appreciated such democratic behaviour” and he was relieved that protesters had listened to the appeals to refrain from violence.

The Austrian Jewish Community (IKG) recently criticised the Festival of Freedom, saying that a clear sign was needed against right-wing extremism. IKG general secretary Raimund Fastenbauer said that one of the main characteristics of these student groups was denying others the national rights to freedom that they spoke of, and spreading anti-Semitic and racist sentiments.

In Pictures: A heavy police presence helped keep order on the streets 

 

 

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POLITICS

Austria’s Raiffeisen Bank replaces ‘misleading’ Russia job ads

Austria's Raiffeisen Bank said on Tuesday that it was replacing job ads that contained 'misleading wording' implying the bank was expanding its operations in Russia.

Austria's Raiffeisen Bank replaces 'misleading' Russia job ads

The bank has vowed to reduce its business in Russia following Moscow’s invasion of Ukraine in 2022 but has so far not sold or spun off its Russian unit.

The Financial Times on Tuesday said it had found dozens of postings for Russia-based jobs, touting its growth plans in the country.

One of the job postings said the bank was “looking for a client manager who will attract clients,” the paper reported.

“The quotes from the job advertisements do not reflect the measures taken by Raiffeisen Bank International to date to reduce its Russian business, nor do they correspond to the further plans for the Russian business,” the bank said in a statement sent to AFP.

It added to be able to sell Raiffeisenbank Russia — the biggest Western bank still in Russia — “job positions that are necessary for functioning banking operations will continue to be filled or refilled”, but they are “not related to business growth”.

“The very few job ads which contained old and misleading wording are/will be replaced.” the bank said.

Raiffeisen Bank International said in its annual report for 2023 that it had made 2.4 billion euros ($.2.6 billion) in net profits. It paid 464 million euros in income tax in Russia.

The group announced in December an agreement with Austrian construction company Strabag, involving Russian oligarch Oleg Deripaska, who is under Western sanctions.

The deal to try to recover assets frozen in Russia before selling or spinning off Raiffeisenbank Russia has drawn the US authorities’ scrutiny.

A senior US Treasury official — in Austria in March to discuss sanctions against Russia — met Raffeisen Bank International officials in Vienna to discuss the bank’s business in Russia.

Last year, a Czech rights group filed a criminal complaint against the bank’s Czech and Austrian units, claiming the bank is financing terrorism with its activities in Russia.

Raiffeisenbank has been in Russia since 1996 and employs more than 9,000 people there.

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