24 Feb 2022
EU unlikely to cut Russia off SWIFT for now – Reuters
Urgency and consensus are an utmost priority at the moment," said an EU diplomat, adding that at this stage it meant no move on SWIFT because doing so would have such wide-ranging consequences, also in Europe.”
“We know that cutting Russia off from SWIFT is the 'nuclear option' - appears some EU politicians want to keep hold of that card for now.”
more to come .....