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Swift brand is seen on this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration
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BERLIN, Feb 26 (Reuters) – Germany and its Western allies agreed to chop Russia out of the SWIFT international cost system, a spokesperson for the German authorities stated on Saturday, in a 3rd sanctions package deal aimed toward halting Russia’s invasion of Ukraine.
The sanctions, agreed with america, France, Canada, Italy, Nice Britain and the European Fee additionally embrace limiting the power of Russia’s central financial institution to assist the rouble.
The will even finish the “golden passports” for rich Russians and their households and can goal people and establishments in Russia and elsewhere that helps the conflict towards Ukraine, the spokesperson stated.
“The nations burdened their willingness to take additional measures ought to Russia not finish its assault on Ukraine and thus on the European peace order,” he added.
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Reporting by Riham Alkousaa and Thomas Escritt; Modifying by Maria Sheahan
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