European leaders agree to disconnect Sberbank from SWIFT system

The EU countries have agreed to disconnect Sberbank from the interbank system for transferring information and making SWIFT payments as part of the sixth package of sanctions, the head of the European Council, Charles Michel, said on a social network, Interfax reports.

“This package of sanctions includes other tough measures: the de-swifting of the largest Russian bank, Sberbank,” wrote the head of the European Council.