The US, Canada and key European countries, including Germany, have agreed to remove ‘selected Russian banks’ from the Swift international payments system.
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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 ► https://www.theguardian.com/world/series/ukraine-live/latest
Some Russian banks to be cut off from Swift payments system ► https://www.theguardian.com/world/2022/feb/26/us-uk-europe-and-canada-to-block-russian-access-to-swift
Russian forces advance inside Ukraine: what we know so far ► https://www.theguardian.com/world/2022/feb/26/russian-forces-advance-inside-ukraine-what-we-know-so-far
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#russia #banks #swift #ukraine #eu
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
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 ► https://www.theguardian.com/world/series/ukraine-live/latest
Some Russian banks to be cut off from Swift payments system ► https://www.theguardian.com/world/2022/feb/26/us-uk-europe-and-canada-to-block-russian-access-to-swift
Russian forces advance inside Ukraine: what we know so far ► https://www.theguardian.com/world/2022/feb/26/russian-forces-advance-inside-ukraine-what-we-know-so-far
The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg
Website ► https://www.theguardian.com
Facebook ►https://www.facebook.com/theguardian
Twitter ► https://twitter.com/guardian
Instagram ► https://instagram/guardian
#russia #banks #swift #ukraine #eu
