The European Union is assessing the possibility of lifting sanctions on the assets of oligarch Oleg Deripaska to compensate Raiffeisen Bank for damages in Russia.

The EU is analyzing the possibility of unblocking assets linked to Russian oligarch Oleg Deripaska, particularly a share package in Strabag, to compensate Raiffeisen Bank, fined two billion euros by Russian courts. This measure, proposed by Austria, faces opposition from several member states, which fear it could legitimize the confiscation of Western assets by Russia. The sanctions imposed in 2022, following the invasion of Ukraine, have hindered shares in Strabag. Raiffeisen, the largest Western creditor in Russia, has encountered difficulties in selling its subsidiary due to the opposition of Russian officials.