“Swiftis the financial nuclear weapon. All options are on the table, and when you have a financial nuclear weapon at hand, you have to be careful”, warned Bruno Le Maire, French Minister of the Economy and Finance, on the sidelines of the informal meeting of European Finance Ministers in Paris on Friday 25 February.
Following the second package of sanctions adopted on Thursday 24 February by EU heads of state and government in response to Russia’s invasion of Ukraine (see EUROPE...