Rutte: Putting an end to Putin’s aggression • Negotiations between Russia and Ukraine have begun

There is concern in the European Union about the Swiss position on sanctions against Russia. The fear is that Switzerland will not fully comply with the financial sanctions and thus become a haven for Russian money, according to German news agency Dr.

“The Swiss exchange rate in recent weeks and days is causing great frustration,” said an EU diplomat. “It is completely incomprehensible that one would invoke one’s impartiality in such a gross violation of international law.”

The EU will pressure Switzerland to fully join the sanctions, in particular freezing the currencies and assets of the Russian Central Bank and other financial institutions.

Federal President Ignazio Cassis said yesterday that Switzerland is likely to participate, but the Federal Council (Swiss Federal Government) has not yet discussed it today. No concrete commitments have been made yet.

Recently, Cassis said that Switzerland will not impose sanctions regardless of the Russian invasion of Ukraine. From Russia, billions of euros are deposited in Switzerland every year. Many Russian oligarchs also live in Switzerland.

See also  SGP: Both import tax and AECs are off the table

Leave a Reply

Your email address will not be published.