When Vladimir Putin’s tanks poured over the Ukrainian border, the world changed dramatically. With Russia’s status as a lethal pariah state confirmed, the time had come for everyone to pick a side.
For a while they were given the benefit of the doubt, on the understanding that it was the bureaucracy of Russia’s state machinery that was holding them back and a way through it would be found.Yet, shamefully, more than two years later, a few remain, still hiding behind the same hollow excuses and still profiting in a country that continues to bomb Ukrainians, not to mention one whose leader has threatened Ukraine’s allies with nuclear Armageddon..
A special mention goes to Austria’s Raiffeisen, an institution that made €1.8 billion in Russia between 2021 and 2023 – equivalent to half of the Austrian group’s total profits. Companies have tried every excuse in the book to justify still being in a country that has killed an estimated 70,000 Ukrainian soldiers and more than 10,000 civilians, but none of them stands up to real scrutiny.
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