EU Ministers to Meet Sunday to Begin Work on SWIFT Sanctions

Should Russia Be Cut Off From SWIFT?
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The European Union’s foreign affairs ministers will meet virtually on Sunday to mandate that work begin to cut Russia off from the SWIFT messaging system, according to officials familiar with the matter.

The specifics of the measures would still need to be worked out after the meeting, according to two of the officials, who asked not to be identified because the discussions are private. One of the officials said the sanctions would likely be limited, following German support for the move.