Russia’s withdrawal from the SWIFT payment system will happen only if the EU toughens sanctions on Moscow, which is unlikely, the head of Russia’s VTB bank believes. “I don’t think [Russia’s withdrawal from SWIFT] will ever happen – unless European governments want to take such harsh measures against Russia. But so far, even the United States does not have such plans. They would prefer to cut us off from the dollar system and impose secondary sanctions on European banks to prevent them from working with us,” VTB head Andrei Kostin said in an interview with Handelsblatt newspaper. Also on rt.com
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