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‘European Union’ may curb Russia’s rights in IMF – Reuters

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BRUSSELS, March 4 (Reuters) – European Union officials are examining curbing Russia’s influence and access to finance at the International Monetary Fund following its invasion of Ukraine, six officials told Reuters.

This scenario now under discussion would add to the pressure on Russia’s economy and financial system and also mark an important symbolic step, deepening Moscow’s international isolation.

One option under consideration is to remove Russia entirely from the institution that acts as a lender of last resort, officials said, though some noted that would prove difficult if not impossible.

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