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US,Canada & key European countries, incl. Germany, agree to remove ‘selected Russia banks from SWIFT

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First published at 02:03 UTC on February 27th, 2022.

#ukrainae
#russia
#swift

@BoogieFinger

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The US, Canada and key European countries, including Germany, have agreed to remove ‘selected Russian banks’ from the Swift international payments system. UK prime minister Boris Johnson welcomed the move, saying: 'More countries are joining the call of the UK to use Swift … to tighten the economic ligature around the Putin regime'. European Commission president Ursula von der Leyen said that cutting off some Russian banks will 'effectively block Russian exports and imports’. The move was welcomed by Ukrainian president Volodymyr Zelenskiy. ‘This is billions and billions of losses for Russia, a tangible price for this vile invasion of our country,’ he said
Russia-Ukraine latest news
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