Swiss sharpen measures targeting Russia [View all]
By John Revill and Silke Koltrowitz
ZURICH (Reuters) - Switzerland will tighten its measures against Russia following its invasion of Ukraine, President Ignazio Cassis said on Thursday, although the measures will not include an immediate freeze of the billions of francs held by Russians in Swiss accounts.
The government will adjust its regulations so Switzerland cannot be used to circumvent sanctions imposed by the European Union, Cassis told a news conference in Bern.
"Neutrality does not mean indifference," Cassis said, repeating Switzerland's condemnation of the attack which he described as a severe breach of international law.
Bern would toughen measures it introduced after the Russian annexation of Crimea in 2014 to prevent Russia using Switzerland to get around EU sanctions.
https://www.yahoo.com/news/swiss-tighten-measures-targeting-russia-153234881.html
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