EU likely to declare US anti-Russian sanctions invalid within union - Russia’s EU envoyRussian Politics & Diplomacy July 27, 3:41
Russian PM calls situation around Saakashvili's citizenship a weird tragicomedyRussian Politics & Diplomacy July 27, 3:36
Russian Ice Hockey Federation to wage ruthless war on doping abuseSport July 26, 19:53
Two Siberian residents jailed for killing three zoo birds in failed barbeque attemptSociety & Culture July 26, 18:43
Moscow slams Western media allegations about alleged Russian support for TalibanRussian Politics & Diplomacy July 26, 18:31
Ex-Georgian president Saakashvili stripped of Ukrainian citizenshipWorld July 26, 18:25
Russia bolsters military potential in South to respond to emerging threats — defense chiefMilitary & Defense July 26, 16:09
Moscow to frame stance on new sanctions once US bill becomes lawRussian Politics & Diplomacy July 26, 16:03
Kazakhstan hopes to develop its own module for joint space station with RussiaScience & Space July 26, 15:34
MOSCOW, January 28. /TASS/. Potential disconnection of Russia from the SWIFT system could be a "harakiri" for the EU economy, the head of the Association of Russian Banks Garegin Tosunyan said on Wednesday.
He said that probability of such a move is very low. "Undertaking of such measures will signal degradation of the global financial system. Not merely Russian economy, but also Europe and even the SWIFT system will be hit," he added. Tosunyan hopes that SWIFT will resist political pressure and continue working with Russian banks.
Rumors appeared last summer that the Western sanctions could go as far as disconnection of Russia from SWIFT. This topic can appear again on the agenda against the background of conflict escalation in south-eastern Ukraine, though not all EU members are supportive of that.