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Actually since vzctl-3.0.10 it is /etc/vz/conf/VEID.conf for all distros now →Setting VE OSTEMPLATE
=== Setting VE OSTEMPLATE ===
Also, we need <tt>OSTEMPLATE</tt> to be setin VE configuration file, for the [[vzctl]] to work properly.
<pre>
echo "OSTEMPLATE=debian-3.1" >> /etc/vz/conf/777.conf
</pre>