Calls for Russia to be disconnected from SWIFT have grown in recent weeks. Alexander Demianchuk / TASS
Zero Hedge: European Parliament Seeks SWIFT Shut-Off For Russia "If Ukraine Aggression Continues"
Days after President Putin warned the West of a "harsh" and "asymmetrical" response if it crosses Russia's 'red line' concerning NATO troop positioning and the recently renewed Ukraine standoff, the European Parliament in Brussels has proposed a new resolution to disconnect Russia from the SWIFT payment system.
Dated Wednesday, April 28, it's entitled, "European Parliament resolution on Russia, the case of Alexei Navalny, the military build-up on Ukraine’s border and Russian attacks in the Czech Republic."
The over 50 European Parliament lawmakers cited "aggression and continued destabilization of Ukraine, hostile behavior towards and outright attacks on EU member states and societies."
Read more ....
Update #1: Moscow on Potential Shut-Off of SWIFT: 'Let Them Try It, We'll Respond' (Sputnik)
Update #2: Should Russian Banks Be Scared of SWIFT Disconnection? (Moscow Times)
WNU Editor: I am sure Russia will survive, but it is going to be tough .... Russia can cope with possible disconnection from Western payment systems - expert (TASS).
