The sword of Damocles Swift is ready to fall on the heads of Russian banks. Back to the wall in the face of criticism, Berlin has indeed finally agreed to help cut the thread. Western countries thus adopted new sanctions once morest Moscow on Saturday, deciding in particular to exclude many Russian banks from the Swift interbank platform.
Are concerned “all the Russian banks already sanctioned by the international community, as well as if necessary that other institutes”, specified the spokesman of the German government, whose country currently chairs the G7 forum. These measures have been taken by the United States, France, Germany, Great Britain, Canada, Italy and the European Commission. According to the European Union, regarding 70% of the Russian banking sector is currently affected by the sanctions. The measure must now be approved at EU level by member states.
The EU wants to “paralyze” the assets of the Russian Central Bank
In addition, the Western partners have decided to further restrict the access of the Russian Central Bank to the capital markets, in order to make more difficult its attempts to support the course of the rouble, which is in decline following the war in Ukraine. European Commission President Ursula von der Leyen has spoken of “crippling” the assets of the Russian Central Bank.
Finally, the new sanctions will finally go following the Russian oligarchs and their families to prevent them from obtaining the nationality of Western countries. The United States, France, Germany, Britain, Canada, Italy and the European Commission have also “stressed their readiness to take further action if Russia does not halt its attack on Ukraine and therefore once morest peace in Europe”, underlined the German government.
