HSE researcher Shein: EU sanctions do not pose a threat to the Russian financial system

Sergey Shein, a researcher at the Center for Comprehensive European and International Studies at the Higher School of Economics, said on the Rossiya 24 TV channel that the sanctions imposed by the EU against Russian banks are not critical for the financial system.

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Sergey Shein, a researcher at the Center for Comprehensive European and International Studies at the Higher School of Economics, said on the Rossiya 24 TV channel that the sanctions imposed by the EU against Russian banks are not critical for the financial system.

The European Union has introduced the 16th package of anti-Russian restrictions, which includes, among other things, a ban on access to the international SWIFT settlement system for 13 Russian banks. This is a manifestation of the track chosen by the European Union to limit the financial capabilities of Russian banks. In my opinion, it is not critical for the Russian financial system, since Russian banks and the Russian authorities have been living in these conditions for three years, Shein said. Earlier, the press Secretary of the President of Russia Dmitry Peskov said that the new, 16th package of anti-Russian sanctions of the European Union was for Russia quite predictable.

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