Could Europe Create an Alternative for SWIFT?

Posted on 10/12/2018


Germany’s foreign minister, Heiko Josef Maas, has publicly criticized his country’s monetary alliance with the United States. Maas published an op-ed in Germany’s Handelsblatt newspaper suggesting that independent payment channels should be created to counter U.S. political and economic influence in Iran. The move was made in retaliation for the U.S. government’s decision to withdraw […]