Breaking news: The removal of Russia from the SWIFT system has been discussed for days. The EU has imposed new sanctions on Russia. Ursula von der Leyen, President of the European Union (EU) Commission, announced the decision. Accordingly, the USA and the EU are removing some Russian banks from the SWIFT system. Here are the details of the last minute development…
“WE WILL CRASH THEIR ASSETS”
Von der Leyen said in a statement, “We will paralyze the assets of the Central Bank of Russia. This will freeze its operations, making it impossible for it to liquidate its assets.” said.
THINGS TO BE REMOVED FROM SWIFT SYSTEM
Noting that Russian oligarchs will work to ban them from using their financial assets in EU markets, von der Leyen announced that the designated Russian banks will be removed from the SWIFT system, which provides international money transfer.
Previously, sanctions were imposed on 64 important Russian institutions, EU banks were prohibited from accepting deposits of more than 100 thousand euros from Russian citizens, and the sending of necessary goods, services and technology to oil refineries was prevented. (AA)