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Home Americas

EU could cut Russia off from SWIFT system, senior official says

admin by admin
25 February 2022
in Americas, ASIA, Asian, Belarus, Central / Eastern Europe (Energy), CIS Countries, Emerging Market Countries, EU Institutions, Euro Zone, Europe, European Union, Finance, Financials, Germany, International Agencies / Treaty Groups, N2:BNKS1, N2:CWP, N2:DIP, N2:GEN, N2:NAMER, N2:NEWS1, N2:TOPNWS, N2:TRNPAY, N2:US, NATO, North Asia, Old Economy, Old Europe, Old Politics, Politics, Russia, Ukraine, US, Western Europe
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EU could cut Russia off from SWIFT system, senior official says

Emergency European Union (EU) summit at The European Council Building in Brussels

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(Reuters) – The European Union could exclude Russia from the SWIFT global interbank payments system in a fresh round of sanctions, European Parliament President Roberta Metsola said on Friday.

“Putin wants war. But people want peace, freedom and the right to make their choices,” she said on Twitter.

“Further, massive, sanctions, with nothing off the table, are important – we can do more. Including the exclusion of Russia from the SWIFT system.”

(Reporting by Sabine Siebold; Editing by Leslie Adler)

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