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EU cuts off more than a dozen Russian banks from SWIFT

EU cuts off more than a dozen Russian banks from SWIFT

EU cuts off 13 Russian banks from SWIFT with new sanctions package

EU cuts off 13 Russian banks from SWIFT with new sanctions package
Photo: Maksim Konstantinov/Global Look Press

The European Union (EU) has decided to disconnect 13 Russian banks from the SWIFT payment system. The restrictions were introduced as part of the new, 16th, package of sanctions approved against the Russian Federation.

"It was decided to extend the ban to 13 regional banks considered important for the Russian banking and financial system," the EU Council said in a statement.

Recall that on February 24 it became known that within the framework of the 16th package of sanctions, restrictions were imposed on 48 individuals and 35 legal entities. Artist Mikhail Galustyan, TV presenter Yulia Baranovskaya and others were subject to personal sanctions.

In addition, a ban on imports of primary aluminum has been introduced, and broadcasting of eight Russian media outlets in Europe has been restricted.

  • Antonina Markova

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