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SWIFT criticizes European parliament for recommendations to cut Russia off the system
_{18 sep 2014}

The European Parliament’s recommendations to cut Russia off the SWIFT inter-bank financial system are violating the company’s rules and are causing huge damage to its reputation, SWIFT said in its statement published on Thursday. (...)

(...) The European Parliament discussed at its plenary session on Thursday the Ukraine crisis and the relations between the European Union and Russia. The resolution adopted by the European Parliament “calls for the EU to consider excluding Russia from civil nuclear cooperation and the SWIFT system.”