EXPLAINED: Why Switzerland is a magnet for Russian money thelocal.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thelocal.ch Daily Mail and Mail on Sunday newspapers.
Switzerland’s newly adopted tough stance on Russia has forced the Swiss economy to readjust to sanctions, blowing a wind of panic through the raw materials market in particular.
Switzerland on Monday announced that it would follow the sanctions being imposed by the EU, abandoning Bern’s traditional reserve by ordering the immediate freezing of assets belonging to Russian companies and individuals appearing on the EU blacklist.
It went further on Friday, adopting even stricter EU sanctions applied in response to Moscow’s Feb. 24 full-scale invasion of Ukraine.
Exporting goods that could enhance Russia’s military capabilities is prohibited, as is the exportation of certain goods
Neutral Switzerland will adopt European Union sanctions against Russians involved in Moscow's invasion of Ukraine and freeze their assets, the government said on Monday in a sharp deviation from the Alpine country's traditions. "In view of Russia’s continuing military intervention in Ukraine, the Federal Council took the decision on February 28 to adopt the packages of
Švajcarska kupuje 36 borbenih aviona vesti-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vesti-online.com Daily Mail and Mail on Sunday newspapers.