Germany and Western allies agree cutting Russia out of SWIFT

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Germany, the United States, France, Canada, Italy, Great Britain and the European Commission agreed to cut Russia out of the SWIFT global payment system and include limiting the ability of Russia's central bank to support the rouble

The sanctions, agreed with the United States, France, Canada, Italy, Great Britain and the European Commission also include limiting the ability of Russia's central bank to support the rouble.

The will also end the "golden passports" for wealthy Russians and their families and will target individuals and institutions in Russia and elsewhere that supports the war against Ukraine, the spokesperson said. "The countries stressed their willingness to take further measures should Russia not end its attack on Ukraine and thus on the European peace order," he added.Reporting by Riham Alkousaa and Thomas Escritt; Editing by Maria Sheahan

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