EU unlikely to cut Russia off SWIFT for now – Reuters Europe RussianFederation Politics
“Urgency and consensus are an utmost priority at the moment.” “At this stage it meant no move on SWIFT, because doing so would have such wide-ranging consequences, also in Europe, Reuters reported, citing an EU diplomat.
“We know that cutting Russia off from SWIFT is the 'nuclear option' - appears some EU politicians want to keep hold of that card for now, the EU official added.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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