European leaders have moved closer to cutting Russia off from the SWIFT banking system as Germany remains the sole holdout over implementing the extreme measure following the invasion of Ukraine.
Russia launched a full-scale invasion of Ukraine Thursday local time. World leaders and diplomats widely condemned the attack and promised strong sanctions in response.
Foreign ministers of the Baltic States and Poland wanted to cut Russia from SWIFT as part of the initial wave of sanctions, but Germany, Italy, Hungary and Cyprus resisted the move.
ВСУ на позитиве pic.twitter.com/DggOa6byAN
— Вашингтонский Обком (@_Fashington) February 25, 2022