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Are sanctions on Russia working?

The Real Story

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Europe Needs Gas From Bank

There was genuine economic fear in march. But by the end of april, that had completely changed. New export routes were opening had opened up. The outlook improved quite a lot. Ando you don't think then the impact of being off swift has been as severe as people might have expected. Europe needs access to gas an. The attention, of course, is to wean that over time. So europe has not been able to close off all the banks. Gas prom bank remains unsanctioned and in the swift system. Not oly is gas from bank therefore used to collect money for gas payments - subject to frequent interruptions.

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