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Raiffeisen Sanguine on Russian Sanctions Impact as European Stocks Rise


European stock indices rise as minutes from the Federal Reserve’s last rate-setting meeting quell nervousness about the monetary outlook and European economic data also points to sustained low rates.Austrian lender Raiffeisen Bank International elicits a big sigh of relief from investors after saying that U.S. and EU sanctions on Russia - where it has a large business - won’t hurt it much. But in Amsterdam grocer Ahold, the company behind the Stop & Shop chain, declines on second-quarter earnings disappointment after U.S. price cuts eroded margins.