Tuesday, April 16, 2024

Swift retaliation: Will Russia be kicked out of global banking platform?

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Issued on: 25/02/2022 – 12:04Modified: 25/02/2022 – 14:38

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© Reuters

Kicking Russia out of Swift, the global banking system that facilitates financial transactions around the world, has been described as the “nuclear option” of possible sanctions against Moscow over the invasion of Ukraine. But will European countries who risk being unable to recover billions of euros in Russian debt back the measures? France 24’s business editor Bryan Quinn takes a closer look.

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