EU to Discuss Disconnecting Russia From SWIFT Before Making Decision | WHAT REALLY HAPPENED

EU to Discuss Disconnecting Russia From SWIFT Before Making Decision

The European Union will first discuss extensively the legal side of disconnecting Russia from the SWIFT financial messaging system before making the decision, if such a measure were on the table, Portuguese Foreign Minister Augusto Santos Silva said on Monday.

"Any decision on the part of the European Union must be surrounded by appropriate rules. Therefore, if any decision is made, of course, it will first be widely discussed legally in the European Union," Silva said at a joint press conference after the meeting with Russian Foreign Minister Sergey Lavrov.

Lavrov said that proposals to ban Russia from using SWIFT as part of a new sanctions package have been floating around for some time, but he did not know for sure what steps the West and the company itself will take regarding the issue. The Russian foreign minister also stressed that the country's relevant authorities have been preparing for such turn of events.

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