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Reuters

Business

Italy open to banning Russia from SWIFT system -foreign minister

Russia Italy SWIFT Luigi Di Maio Di Maio

FILE PHOTO: Italian Foreign Minister Luigi Di Maio speaks during a news conference following talks with his Russian counterpart Sergei Lavrov in Moscow, Russia February 17, 2022. REUTERS/Shamil Zhumatov/Pool

Italy would not veto proposals to ban Russia from the SWIFT global interbank payment system, Italian Foreign Minister Luigi Di Maio said on Friday.

"There is no veto", Di Maio told reporters in Brussels answering a question on the issue, adding Rome will continue working in unison with European Union partners on sanctions.

(Reporting by Angelo Amante; Editing by Chris Reese)

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