Finance Minister: France backs cutting Russia off from SWIFT

February 25, 2022 / 7:21 PM

Sharjah24 – AFP: France is in favour of excluding Russia from the global SWIFT interbank system but other European states have "reservations" about using such a "financial nuclear weapon", Finance Minister Bruno Le Maire said Friday.

"Some (European Union) member states have shown reservations, France is not one of these states," Le Maire told reporters after a meeting of EU finance ministers in Paris, adding that SWIFT exclusion would be weighed "not in the coming days or weeks, but in the coming hours".