German Finance Minister: We must step up sanctions against Russia, are open to cutting Russia from SWIFT

Joel Frank Independent Analyst

German Finance Minister Christian Lindner said on Friday that we must step up sanctions against Russia and that we are open to cutting Russia out of the SWIFT international payments system. Just because we have been thinking about the consequences of cutting Russia out of SWIFT doesn't mean we are against it, Lindner added.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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