(Reuters) - Plassnik told Austria's parliament late last evening that BAWAG had violated EU rules against implementing the U.S. Cuban sanctions on European soil, and that she had therefore launched proceedings against BAWAG.
"U.S. law is not applicable in Austria. We are not the 51st of the United States," Plassnik said. "Neither the EU nor the U.N. have implemented a general economic or contact embargo against Iran or Cuba."
Read more at Reuters.com Government Filings News
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