News
gla_wpadmin  

ROUNDUP / In case of retaliation: EU warns Russia of invasion of Ukraine

Thursday, 12/16/2021 10:40 PM from

dpa-AFX

| Views: 45

The flag of the European Union. pixabay.com

BRUSSELS (dpa-AFX) – The EU is threatening Russia with retaliation in the event of an attack on Ukraine. At their summit in Brussels, the heads of state and government adopted a declaration to this effect on Thursday evening. It states that Russia urgently needs to defuse the tensions created by the deployment of troops on the border with Ukraine and aggressive rhetoric. Any further military aggression would have “massive consequences and high costs”. Sanctions coordinated with partners were cited as an example. The EU fully supports the sovereignty and territorial integrity of Ukraine.

Chancellor Olaf Scholz (SPD) and the other heads of state and government left open which sanctions could be involved. According to diplomats, sanctions against state companies and oligarchs close to President Vladimir Putin are being discussed. In addition, an operating ban for the Nord Stream 2 natural gas pipeline from Russia to Germany and the exclusion of Russia from the Swift payment system are options.

The latter in particular could have far-reaching consequences, since Swift processes messages and financial transactions for more than 11,000 financial institutions worldwide via secure networks. If banks are no longer able to use Swift, this can have fatal consequences for their business, as they are effectively excluded from the global financial system.

advertising

Subscribe to more news about Aker Offshore Wind Holding shares free of charge

Notice:
ARIVA.DE publishes analyzes, columns and news from various sources in this section. ARIVA.DE AG is not responsible for content that has been recognized by third parties in the “News” area of ​​this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” mark below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Other users were also interested in this article:

Reference-www.ariva.de

Leave A Comment