Page 104 - European Union

European Union still mulling SWIFT ban on Russia, says top EU Diplomat

The European Union may still disconnect Russia from the SWIFT international financial network over Moscow's military operation in Ukraine, EU foreign policy chief Josep Borrell announced Friday."SWIFT is something that has not been included on the table because it was not mature enough the discussion, but nothing is off the table. Maybe it can be adopted in the following days, it will depend," Borrell said at a press conference after the EU Foreign Affairs Council.Western countries have been threatening to disconnect Russia from SWIFT as a part of economic sanctions in response to Moscow's military operation in Ukraine.

US, Europe agree to freeze assets of Russia's Vladimir Putin, Sergey Lavrov

The US Treasury Department is expected to release more details later on Friday

EU 'close' to agreeing on asset freeze on Putin, Lavrov: Luxembourg

Luxembourg's foreign minister said Friday that the 27-nation European Union was very close to agreement to freezing the assets of Russian President Vladimir Putin and Foreign Minister Sergey Lavrov. Jean Asselborn said before a meeting of EU foreign ministers to discuss Russian sanctions that I think we are very close to an agreement, that we will find an agreement here, for sanctions on the two. There will be a discussion but I think we agree that Putin and Lavrov, as far as the freezing of assets is concerned, that we will find a consensus here, he said. Asselborn said Russia would be hurt by the banks measures. We can't talk everything on this, talk everything down because we don't have SWIFT on the list at this moment. Once again: the debate about SWIFT is not off the table, it will continue." EU leaders largely agreed it was too soon to impose a travel ban on Putin and Lavrov because negotiating channels needed to be kept open.

New Western sanctions to break Russian supply chains, President Putin told

The US and its allies have decided to block assets of four large Russian banks, impose export controls and sanction oligarchs close to President Vladimir Putin

Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto

Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine

Ukraine crisis: World leaders fine-tune punitive measures against Russia

A raft of new, stronger sanctions against Russia from Japan, Europe, Australia, Taiwan and others. And a cascade of condemnation from the highest levels

Ukraine fights Russian invasion as West ramps up sanctions on Kremlin

President Volodymyr Zelenskiy said Ukraine's military had stopped Russia from achieving its objectives in the first day of the assault

Russia-Ukraine war: West divided over excluding Russia from payment system

European leaders have pledged to impose tough economic and financial sanctions on Russia, but there is a lack of unity within the West over cutting the country off the SWIFT financial payment system.

Ukraine: President Zelensky pleads for help fending off Russian attack

Ukrainian President Volodymyr Zelensky asked for world leaders to provide large-scale defence support and to protect Ukraine's airspace from the aggressor

European Union plans 'harshest' sanctions package ever against Russia

As leaders across Asia and Europe scrambled to condemn the attack, explosions were heard in Kyiv and other cities in Ukraine

EU plans 'harsh' sanctions package against Russia after Ukraine attack

The European Union is planning the strongest, the harshest package of sanctions it has ever considered at an emergency, as the Russian military attacked Ukraine.

EAM Jaishankar chairs meeting of Indian Ambassadors to EU countries

The External Affairs Minister arrived in Paris on Sunday on a three-day trip after paying a two-day visit to Germany

EU to enhance defence, security engagement with partners in Indo-Pacific

In his address at the forum, Jaishankar said that greater power and stronger capabilities should lead to 'responsibility and restraint', in remarks seen as a veiled reference to China

European Union set to announce wide-ranging sanctions on Russia

The bloc is expected to sanction 351 members of the Russian state Duma that voted for recognition of the two territories, The Guardian reported

Europe braces for further strife as Russia-Ukraine crisis escalate

The top U.S. diplomat canceled a meeting with his Russian counterpart; Kyiv recalled its ambassador and considered breaking all diplomatic ties with Moscow

Multipolar world requires multipolar economic order: Jaishankar

Jaishankar is on three days visit to France to attend the European Union (EU) Ministerial Forum for Cooperation in the Indo-Pacific.

Multipolar world requires multipolar economic order, says S Jaishankar

Citing risks associated with the concentration of global supply chains in a few countries, External Affairs Minister S Jaishankar emphasized the need for a "multipolar" economic order on Tuesday.

Dialogue key to solving Ukrainian crisis, says Italy's PM Mario Draghi

Mario Draghi has said dialogue was key to solving the Ukrainian crisis, warning that the European Union (EU) was preparing sanctions against Russia.

Ukraine crisis: EU agrees Russia sanctions package, warns of further action

Russian President Vladimir Putin signed decrees recognising the independence of two self-proclaimed regions in eastern Ukraine

'Ukraine invasion starts': Germany halts gas pipeline; US, UK slap curbs

EU may ban Russian state bonds, individuals