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I might be wrong, but I think it's the EU (along with US and UK) that blocked Russia from Swift. Most EU countries keep paying Russia for gas and oil (as an ex
by seszett 4y ago
I might be wrong, but I think it's the EU (along with US and UK) that blocked Russia from Swift.
Most EU countries keep paying Russia for gas and oil (as an exception to the banking sanctions) because they are really dependent on it, not because they don't want to weaponize the Euro. France is not much dependent on Russian imports though, but Germany is along with Italy, the Netherlands and Hungary mostly.