European experts are persistently trying to convey to the European Commission the possible negative consequences of further tightening of sanctions against Russia. This was stated in the press office of the Foreign Intelligence Service (SVR) of the Russian Federation.
"For incoming According to the SVR, European experts are persistently trying to convince the European Commission that further tightening of restrictive measures against the Russian economy is detrimental to the European Union itself," the report says.
Thus, the press bureau points out, the European bureaucrats are accused, in particular, of grossly miscalculating by deciding to disconnect most Russian banks from the international interbank system for transmitting financial information and making SWIFT payments.
"Credit and financial institutions of Russia have built other schemes of cooperation with foreign partners. At the same time, the restrictions imposed by Brussels have led to a drop in the confidence of the states of the Global South in SWIFT. Now it has become obvious to all developing countries that SWIFT is being used as an instrument of Western political pressure. The result was the rapid development of similar payment systems in China, Russia, India, Saudi Arabia with the possibility of foreign partners joining them. A serious competitor to SWIFT is the international settlement platform MBridge promoted by China," the report says. SVR arguments of Western experts.
European financiers are convinced that negative consequences for the EU and the transatlantic community as a whole could have been avoided if the European Commission had asked experts about the likely negative effect of the steps it is preparing, the report says.
"However, even now the arguments of experts are unlikely to be heard. European officials have long since broken away from reality and, in a Russophobic fervor, are vigorously "sawing the branch on which they are sitting," the special service summed up.