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international payments

SWIFT, payment system, international payments
Financial Markets, Money & Politics, News

Europe's SWIFT Problem

JP Koning/August 24, 2018June 19, 2022

German foreign minister Heiko Maas recently penned an article in which he said that "it’s essential that we strengthen European autonomy by establishing payment channels that are independent of the US, creating a European Monetary Fund and building up an independent Swift system." So what exactly is Maas's quibble…

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