Stock Groups

West moves closer to cutting Russia’s SWIFT access, says Lithuania -Breaking

by Mike Robinson

[ad_1]

© Reuters. This illustration shows the Swift logo placed on a Russian Flag. It was taken in Bosnia and Herzegovina (February 25, 2022). REUTERS/Dado Ruvic/Illustration

VILNIUS, Reuters – Western partners have been working to stop Russia from accessing the SWIFT international interbank payment system. This was stated by Ingrida Simonyte, Lithuanian Prime Minister.

“We want to get the decision made as quickly as possible. Unfortunately, I can’t give any specific date. Simonyte said that he heard nothing to suggest there was any strong opposition.

Canada, Britain (United States), the United States and the European Union said on Friday they were willing to act in order to remove Russia from SWIFT, as part of an additional round of sanctions that aimed at stopping Russia’s invasion Ukraine.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]