UK pushing hard to remove Russia from SWIFT, German's calling it drastic. When you watch your neighbour get invaded and you call cutting off banking services to the aggressor drastic? Like they can't even stomach taking a wallet hit.
Quote:
Western leaders are split on whether Russia should be ejected from the Swift international payments system, a move that would deliver a heavy blow to the country’s banks and its ability to trade beyond its borders.
Boris Johnson, the UK prime minister, on Thursday pushed “very hard” to remove Russia, according to officials, but he admitted to MPs that it was “vital that we have unity” on the issue among western allies.
Olaf Scholz, Germany’s chancellor, warned his country had reservations about such a dramatic move and so did the EU, according to officials close to sanctions negotiations. A German official declined to comment, saying only that “all options are still on the table”.
Dmytro Kuleba, Ukraine’s minister of foreign affairs, tweeted: “Everyone who now doubts whether Russia should be banned from Swift has to understand that the blood of innocent Ukrainian men, women and children will be on their hands too.”
Johnson has faced criticism in the UK for deploying what critics described as “peashooter” sanctions in response to the first stage of Russian aggression in Ukraine; he is now trying to push western colleagues to deploy very tough reprisals.
He pushed for international support for Russia to be cut out of the Swift system in a call with G7 leaders on Thursday. Officials briefed on the call said Canada had also been in favour.
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https://12ft.io/proxy?q=https%3A%2F%...d-316db7bdaf03