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MEP proposes to freeze oligarchs' accounts and disconnect Russia from SWIFT system because of Ukraine

Source : 112 Ukraine

Manfred Weber, leader of the European People's Party in the European Parliament and political ally of Chancellor Angela Merkel, believes that if new sanctions are introduced against the Russian Federation, the Nord Stream 2 project will lose its viability
18:19, 11 April 2021

European Parliament
112 Agency

The head of the conservative European People's Party faction in the European Parliament and the deputy chairman of the Christian Democratic Union (CDU) party, Manfred Weber, proposed to tighten sanctions against Russia in the event of a further aggravation of the situation in Donbas. MEP and political associate of German Chancellor Angela Merkel said this in an interview with the Funke group, published on Sunday, April 11, according to Oldenburger Onlinezeitung.

"The Russian leadership continues to pursue dangerous provocations. Massive freezing of oligarchs' accounts or disconnecting Russia from the SWIFT payment system should be a reality in the event of an escalation," Weber said.

According to him, under such a scenario, the Nord Stream 2 gas pipeline project in the Baltic Sea will no longer be viable.

The politician considers the deployment of Russian troops in the region of Eastern Ukraine a test for the West.

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"The answer to this question must be clear and firm. The EU and the US must show politically what the Russian leadership is getting involved in if they allow the situation in eastern Ukraine to escalate or enter there," Weber emphasized.

The same applies to the apparently deliberate threat to the health of Kremlin critic Alexei Navalny. Companion of Merkel noted that Russian President Vladimir Putin should know the price of his actions.

As you know, Deputy Prime Minister, Minister for the Reintegration of the Temporarily Occupied Territories Oleksiy Reznikov believes that it is possible to force Russia to stop its aggressive actions against Ukraine only by political and diplomatic means, namely by strengthening sanctions.

Earlier, President Volodymyr Zelenskyy asked Canadian Prime Minister Justin Trudeau to increase international pressure on Russia in order to prevent further escalation in Donbas.

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