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Media: head of the Central Bank of Austria against the shutdown of the Russian credit organizations from SWIFT




MOSCOW, 26 Feb - RIA Novosti/Prime. Member of the Board of governors of the European Central Bank, the head of the Central Bank of Austria, the Ewald Nowotny (Ewald Nowotny) spoke out against the possible shutdown of the Russian credit organizations from the SWIFT system in the framework of enhanced penalties regarding Russia, announced on Thursday the Australian Agency.

The potential loss of credit institutions from the SWIFT system, it would be "very problematic, because it can undermine the credibility of the system," said Novotny.

Austria will not be affected by disabling the Russian credit organizations from the system, however, Russia could retaliate, which can affect all Austrian organizations working in the country, informs Reuters referring to the Austrian Agency.

Member of the governing Council of the ECB clarified that banks such as Raiffeisen Bank international and Bank Austria do not intend to leave the Russian Federation, because they have proven themselves in the form of a stable financial institutions in light of the worsening economic situation in the country.

In the fall of 2014 started to sound the danger of disabling the Russian credit organizations from the SWIFT system through which payment job for more than 6 trillion dollars, and it involved more than 10 thousand financial institutions in 210 countries. The organization that manages this system, in October said that under pressure from a number of countries, insisting on its accession to the sanctions, but does not want to succumb.


Western countries since March has repeatedly imposed punishment on a number of Russian politicians, businessmen and organizations because of the position of Russia in Ukraine. The last case of the use of such practices began in December limits, when the head of the U.S. announced an economic blockade of the Crimea, and in the sanctions List included a number of famous figures from the Crimea and Eastern Ukraine.

The list of Russian Citizens and organizations, first fell under the sentence, the material of the Fins news

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Media: head of the Central Bank of Austria against the shutdown of the Russian credit organizations from SWIFT
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