The Mayor, French Minister of Finance: we want to financially isolate Russia


French Economy and Finance Minister Bruno le Maire speaks during a joint press conference with German Economy and Climate Minister Robert Habeck (not seen) at the Bercy Ministry in Paris, France, February 7, 2022. REUTERS / Sarah Meyssonnier

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PARIS, Feb 25 (Reuters) – French Finance Minister Bruno Le Maire said on Friday that the European Union wants to financially isolate Russia, as he spoke alongside his German counterpart Christian Lindner at a a meeting of finance ministers of the European Union.

“We are going to hit Russian banks. We want to financially isolate Russia. We want to cut all ties between Russia and the global financial system,” Le Maire said.

Missiles pounded the Ukrainian capital on Friday as Russian forces continued their advance and Ukrainian President Volodymyr Zelenskiy pleaded with the international community to do more, saying the sanctions announced so far were not enough. Read more

European Union leaders agreed on Thursday to impose new economic sanctions on Russia, joining the United States and Britain in trying to punish President Vladimir Putin and his allies for launching an attack on Russia. large scale against Ukraine.

However, the EU bloc refrained from taking the harshest measures sought by Ukraine and was divided on the scope of the sanctions, leaving the details to be worked out in the coming days.

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Reporting by Tassilo Hummel; Editing by Sudip Kar-Gupta

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