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by hilios 28 days ago
What is the french owned bank you're referring to? Your article mentions ČSOB (Belgian ownership)and Česká spořitelna (Austrian ownership). The source [1] also mentions issues with Fio bank, which according to Wikipedia has Czech owners. The source also attributes this to ESG rules, rather than supplying weapons to Ukraine. Last year, the European Commission launched a legislative initiative designed to make it easier for arms manufacturers to secure funding, including by clarifying the rules within the ESG framework regarding prohibited weapons.[2] I therefore find it hard to believe that the EU deliberately brought about the incidents described. Regardless of this, I do not consider it sensible to conflate the issues of ‘private gun ownership’ and ‘the financing of arms companies’.

[1]https://zpravy.aktualne.cz/ekonomika/ceska-ekonomika/na-hypo...

[2]https://defence-industry-space.ec.europa.eu/eu-defence-indus...