EU wants to cut 'all links' between Russia and global financial system: France

EU wants to cut 'all links' between Russia and global financial system: France
The EU wants to cut all links between Russia and the global financial system after the bloc agreed new sanctions against Moscow over its attack on Ukraine
1 min read
25 February, 2022
Le Maire said the EU wants to isolate Russia financially [Getty- archive]

The European Union wants to cut all links between Russia and the global financial system, France's finance minister said on Friday, after the bloc agreed new sanctions against Moscow over its attack on Ukraine.

The EU "wants to cut all the links between Russia and the global financial system," Bruno Le Maire said at the start of a meeting of European finance ministers. "We want to isolate Russia financially... We want to dry up the financing," he added.

President Vladimir Putin announced a Russian invasion of Ukraine at dawn on Thursday after weeks of tensions.

Several military and civilian targets around Ukraine have been bombed, as Russian forces began closing in on the capital city of Kyiv on Friday.

The death toll is still unclear.