Financial sanctions and the future of the international monetary system
04/04/2024, Hybrid event - h. 16:00 CEST
The use of sanctions in response to the Russian invasion of Ukraine has been accompanied by the freezing of the Russia central bank reserves and the ban on the access to the SWIFT network for some Russian entities. European countries and other G7 members are now considering also to use Russia’s frozen assets or the revenues they generate in order to support Ukraine.