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POLITICS

US and Austria agree to discuss spy allegations

Experts from the US and Austria will meet to discuss concerns over alleged US spying activities, ministers from both countries have agreed.

US and Austria agree to discuss spy allegations
John Kerry and Sebastian Kurz at Vienna's airport. Photo: APA/DRAGAN TATIC

US Secretary of State John Kerry met with Austrian Foreign Minister Sebastian Kurz before departing from Vienna on Tuesday, following a three day visit.

"Of course I have addressed the spy affair," Kurz told the Austrian Press Agency.

There were still some "unresolved issues", he said in reference to media reports that German spies had been operated by CIA agents based at the US embassy in Vienna.

He has agreed with Kerry and US ambassador Alexa Wesner that "the responsible persons will be available for experts from the ministry of the interior and the ministry of defence to clarify pending issues."

"Maybe the matter will be resolved, maybe it won't, and if so we will take appropriate action," Kurz added.

There have been allegations, raised by the German news magazine Der Spiegel, that a US spy who worked for German foreign intelligence (BND) has met at least two CIA agents working at the US embassy in Vienna several times since 2012.

The scandal has chilled German relations with Washington to levels not seen since Chancellor Angela Merkel's predecessor opposed the US invasion of Iraq in 2003.

It follows allegations that Merkel herself was among thousands of Germans whose mobile phones were bugged by American agents.

Kerry was in Austria to take part in nuclear negotiations with Iran. According to Kurz he thanked Austria for its "hospitality" and the opportunity to conduct negotiations in Vienna.

 

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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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