French Finance Minister Le Maire: we want to isolate Russia financially

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FILE PHOTO: French Economy and Finance Minister Le Maire and German Economy and Climate Minister Habeck in Paris

PARIS – French Finance Minister Bruno Le Maire said on Friday that the European Union wanted to isolate Russia financially, as he spoke alongside his German counterpart Christian Lindner at a European Union finance ministers’ meeting.

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

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

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 unleashing a full-scale attack on Ukraine.

However, the EU bloc held back from taking the harshest measures sought by Ukraine and split over just how far to take the sanctions, leaving details to be worked out in the coming days.

(Reporting by Tassilo Hummel; Editing by Sudip Kar-Gupta)


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