EU evicts some Russian banks from SWIFT | Abroad

The deployment of Swift has been divided among EU member states in recent days, but under great political and social pressure, the last hesitant member states have finally agreed.

Von der Leyen also proposes to take measures to prevent the Russian Central Bank from using its international reserves to mitigate the impact of sanctions.

Brussels also wants to prevent Russian oligarchs from buying a ‘golden passport’. Von der Leyen: “That would make wealthy Russians associated with the Moscow government become citizens of our countries and gain access to our financial systems.”

It is the third time in a week that Brussels has imposed sanctions over Putin’s war against Ukraine. On Sunday evening, the EU foreign ministers will discuss the new proposals during an emergency digital meeting.

The third sanctions package has been coordinated with leaders from Germany, France, Canada, the United Kingdom and the United States, among others.

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