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- EU unlikely to cut Russia off SWIFT for now – Reuters
EU unlikely to cut Russia off SWIFT for now – Reuters
“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.
Read: EUR/USD meets some support near 1.1200, looks to geopolitics
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