President Volodymyr Zelenskyy pushed for Ukraine’s urgent ascension to the European Union and Russia to be cut from the SWIFT international electronic bank payment system amid the ongoing invasion. “Residential buildings destroyed by missiles and artillery are the final argument for the world to stop this occupational invasion together with us,” he said in aContinue reading “Ukraine war: Let us rapidly join EU and cut Russia from SWIFT, says Ukrainian president Zelenskyy”
Tag Archives: SWIFT
What is SWIFT and why does Ukraine want Russia banned from it?
The European Union is being criticized for not cutting off Russia from the global payments system. But what exactly is SWIFT? What would a ban mean for Russia? And why is the EU dragging its feet? DW explains. Ukrainian Foreign Minister Dmytro Kuleba didn’t mince his words in calling out the European Union for draggingContinue reading “What is SWIFT and why does Ukraine want Russia banned from it?”