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France in favour of cutting Russia off from SWIFT: finance minister

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France is in favour of excluding Russia from the global SWIFT interbank system but other European states have “reservations” about using such a “financial nuclear weapon”, Finance Minister Bruno Le Maire said Friday.

“Some (European Union) member states have shown reservations, France is not one of these states,” Le Maire told reporters after a meeting of EU finance ministers in Paris, adding that SWIFT exclusion would be weighed “not in the coming days or weeks, but in the coming hours”.

 

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.