Ukraine urges countries to cut Russia off from SWIFT payments system
KYIV (Reuters) - Ukraine's foreign minister on Thursday urged countries to ban Russia from the SWIFT global interbank payments system - one of the toughest non-military sanctions the West could impose - to punish Moscow for sending troops into Ukraine.
European Union leaders will impose new sanctions on Russia, freezing its assets, halting its banks' access to European financial markets and targeting "Kremlin interests" over its invasion of Ukraine, senior officials said on Thursday, but cutting Russia off from SWIFT is unlikely to happen at this stage.
(Reporting by Natalia Zinets; Writing by Alexander Marrow; Editing by Alison Williams)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Eric Trump-backed Space-Eyes to appoint ex-Delta Force officer and ex-banker, sources say
- Exclusive-Dutch regulator fines Uber $966 million for automating driver suspensions, document shows
- How Tether's bitcoin mining plans in Uruguay unraveled
Create E-mail Alert Related Categories
Politics, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share