Foreign Ministers’ teleconference on Sunday on the exclusion of Russia from SWIFT

LAST UPDATE 22:30

A teleconference of the Foreign Ministers of the European Union was convened tomorrow at 19:00 (Greek time) by the High Representative of the EU, Josep Borrell.

“I will convene a teleconference of the EU Foreign Ministers tomorrow at 18:00 to adopt further measures in support of Ukraine against Russian aggression. I will propose an emergency aid package for the Ukrainian armed forces to support them in their heroic struggle.” , states in his Twitter post.

Earlier, a European official told APE that EU foreign ministers are expected to meet by teleconference on Sunday. to discuss Russia’s exclusion from the SWIFT payment system.

The governor of a central bank of the Eurozone he told Reuters on Saturday that a decision to cut Russia off from the global SWIFT payment system will be taken within days.

“SWIFT is just a matter of time, very short time, days,” said the central bank governor, who asked not to be named.

A French official said earlier today that members of the European Union were close to agreeing to exclude Russia from the international SWIFT payment system.

In a videotaped message today, Ukrainian President Volodymyr Zelensky hailed the West’s moves to disconnect Russia from “global financial culture.”

“Our diplomats have been fighting around the clock to inspire all European countries to agree on a strong and just decision to disconnect Russia from the international banking network. We also have this victory,” Zelensky said.

“This is billions and billions of losses for Russia – a heavy price for this vicious invasion of our country … Ukraine has gained the attention of the whole civilized world. And the practical result? Here it is – SWIFT … Disconnection from global financial culture, “he said.

Source: Capital

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