Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Former Austrian chancellor leaves Lukoil job over Ukraine

Published 04/03/2022, 11:19
Updated 04/03/2022, 11:20
© Reuters. FILE PHOTO: Former Austrian Chancellor Wolfgang Schuessel gestures as he waits to testify in a parliamentary inquiry hearing investigating political responsibilities leading to the fail of Hypo Alpe Adria bank in Vienna, Austria, October 7, 2015. REUTERS/
LKOH
-

BERLIN (Reuters) - Former Austrian Chancellor Wolfgang Schuessel is stepping down from his position on the board of Russian energy giant Lukoil, the latest Western politician to distance himself from the Russian state after Moscow's invasion of Ukraine.

In a statement to Austrian news agency APA on Friday, Schuessel said that he had spent the last days of his two years on the company's board pushing it to adopt a resolution criticising the invasion, which crossed a red line for him.

"For me, someone who always advocated constructive ties between the European Union and Russia, the warlike attack on Ukraine, the brutal attacks on and bombardment of the civilian population have crossed a red line," he wrote.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.