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Reuters
Reuters
Business

German foreign minister: Cutting Russia off from Swift 'not sharpest sword'

FILE PHOTO: German Foreign Minister Annalena Baerbock speaks during a joint news conference with U.S. counterpart Antony Blinken (not pictured) following a meeting in which they discussed the Ukraine crisis in Berlin, Germany, January 20, 2022. Alex Brandon/Pool via REUTERS

German Foreign Minister Annalena Baerbock expressed scepticism about cutting Russian banks off from the Swift global payments system in an interview with the Sueddeutsche Zeitung newspaper.

"Decoupling all payment transactions would perhaps be the biggest stick, but not necessarily the sharpest sword," she told the paper.

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