Published: March 2nd, 2022,
Last updated: October 4th, 2022
The EU is increasing the pressure on the Russian financial system: Tonight, the member states initiated the exclusion of seven banks from the Swift payment information system, including the second-largest bank VTB. Spared for the time being are Sberbank, the largest institution, and Gazprombank, through which a large proportion of energy deliveries are made.