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The Latest Breaking News from European Union

Putin puts nuclear deterrent on alert; West squeezes Russian economy

President Vladimir Putin put Russia's nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which said it had repelled Russian ground forces attacking its biggest cities.

Reuters

Swift action at last brings meaningful sanctions against Putin regime

Selected Russian banks banned from global payments system, while Russian central bank will find it harder to spend $500bn war chest

The Guardian - UK

How Western sanctions target Russia

(This February 26 story corrects pounds to dollars in third entry)

Reuters

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US, EU, UK to sanction Russian central bank, block SWIFT

Cumulatively the steps announced by the West since Russia began the invasion would potentially amount to some of the toughest sanctions on any country in modern times.

Chicago Sun-Times

US, EU cut some Russian banks from SWIFT, target central bank

Western nations agreed to unleash new sanctions to further isolating Russia’s economy and financial system after initial penalties failed to persuade President Vladimir Putin to pull out of Ukraine.

Tribune News Service

Russian banks face exclusion as allies deploy 'financial nuclear weapon'

The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against Ukraine, saying they would block access to the SWIFT international payment system.

Reuters

As it happened: EU bans 'Kremlin’s media machine', closes airspace to all Russian planes

EU leaders announced tough new sanctions on Russia on Sunday, such as closing the entirety of EU airspace to Russian planes – including private jets – and banning Russian state media outlets RT and Sputnik, which European Commission president Ursula von der Leyen called “the Kremlin’s media machine".

France 24

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US, UK, Europe and Canada to block Swift access for some Russian banks

Partial ejection from global payment system expected in days as part of new sanctions against Moscow

The Guardian - UK

U.S., UK, Europe, Canada to block Russian access to SWIFT

The United States, Britain, Europe and Canada on Saturday moved to block Russia's access to the SWIFT international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine.

Reuters

Explainer-A SWIFT primer as West moves to freeze Russia out of international payments

The European Union, along with the United States and other Western partners, has announced further sanctions on Russia for its invasion of Ukraine, including cutting off a number of Russian banks from the SWIFT interbank payments system.

Reuters

US and EU ban Russian banks from Swift system in latest sanction

High-security banking system connects thousands of financial institutions around the world

The Independent UK

Western allies agree to expel some Russian banks from SWIFT payments system

The Western nations also agreed to impose restrictions on Russia’s Central Bank.

Axios

Latest Russia-Ukraine updates: Kyiv to hold talks with Moscow

Ukraine news from February 27: Putin puts Russia’s nuclear forces on high alert as Kyiv agrees to talks.

Al Jazeera

Russian airlines 'banned from EU airspace' as Europe unites over Ukraine invasion

We'll be bringing you the very latest updates, pictures and video on this breaking news story.

Daily Mirror

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Tribune News Service

Italy sought Russian deals shortly before Putin invaded Ukraine

Senior Italian and Russian officials met to discuss potential business investments worth hundreds of millions of euros just over a week before Moscow invaded Ukraine, people familiar with the matter said.

The Guardian - UK

Names of firms given huge Covid loans will be secret

Campaigners says transparency would aid fight against fraud, which is estimated to have amounted to £4.9bn

Reuters

EU says to facilitate delivery of military aid to Ukraine

The European Union will facilitate the delivery of military aid to Ukraine, EU Council President Charles Michel said on Twitter late on Saturday.

Reuters

EU foreign ministers to discuss Ukraine aid, measures against Moscow on Sunday

European Union foreign ministers will come together for a virtual meeting on Sunday to adopt further measures in support of Ukraine and against "aggression by Russia", EU foreign policy chief Josep Borrell said late on Saturday.

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ABC News

Ukraine claims victory in Kharkiv as Kyiv's Mayor says no Russians are in the city: As it happened

Ukraine claims a victory in Kharkiv after heavy clashes, while in Kyiv the city's Mayor says there are no Russian troops as a curfew continues.

Al Jazeera

European nations throw open borders to Ukrainian refugees

Anti-refugee governments in Poland and Hungary take decidedly different tone after Russian invasion.

Reuters

Russia suspends cooperation with Europe on space launches from French Guiana

Russia's space agency Roskosmos is suspending cooperation with Europe on space launches from the Kourou spaceport in French Guiana in response to Western sanctions over Ukraine, Roskosmos head Dmitry Rogozin said on Saturday.

Asharq Al-Awsat

Putin and the West: From Curiosity to Cataclysm

Russian President Vladimir Putin's two decades of relations with the West, initially marked by fascination over what the ex-KGB agent stood for and then bursts of cooperation, have now reached a point of no return with his invasion of neighboring Ukraine. The attack has created an indelible rupture between Russia…

Reuters

EU nearing decision on cutting Russia off from Swift: French official

Discussions among European Union members about excluding Russia from the Swift international payment system are close to reaching a successful conclusion, a French presidential official said on Saturday.

Reuters

Germany softens stance on curbing Russian access to SWIFT

Germany changed its position on Saturday about imposing restrictions on Russia's access to the SWIFT global interbank payment system, joining other Western powers in support of harsher sanctions aimed at halting Russia's invasion of Ukraine.

The Guardian - UK

Football, Eurovision and business rush to ditch links to Moscow over Ukraine invasion

Cancellation of events and exodus of ex-EU officials from Russian firms could wreck the country’s ‘soft power’ credentials

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