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Reuters

Business

EU could cut Russia off from SWIFT system, senior official says

Russia SWIFT European Parliament Roberta Metsola European Union

FILE PHOTO: European Parliament President Roberta Metsola at a press conference during a Special meeting of the European Council in light of Russia's aggression against Ukraine, in Brussels, Belgium, 24 February 2022. Olivier Hoslet/Pool via REUTERS

The European Union could exclude Russia from the SWIFT global interbank payments system in a fresh round of sanctions, European Parliament President Roberta Metsola said on Friday.

"Putin wants war. But people want peace, freedom and the right to make their choices," she said on Twitter.

"Further, massive, sanctions, with nothing off the table, are important - we can do more. Including the exclusion of Russia from the SWIFT system."

(Reporting by Sabine Siebold; Editing by Leslie Adler)

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