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EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences

Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank’s 2% target, amid a backdrop of escalating sanctions against Russia.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences

Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank’s 2% target, amid a backdrop of escalating sanctions against Russia.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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