Since the beginning of the special military operation (SVO) in Ukraine, the Swiss government has blocked Russian assets totaling 7.7 billion Swiss francs ($8.8 billion). This was reported by Reutersreferring to the country’s State Secretariat for Economic Affairs (SECO).
The authors of the material stated that this amount is a preliminary amount. At the same time, according to the agency, the volume of frozen funds also increased slightly compared to the same period in 2022.
Last year, Bern joined the European Union (EU) in sanctions against Moscow, even though it is not a member of the regional community. According to the statements of the country’s leaders, Russian assets worth a total of 7.5 billion Swiss francs ($8.4 billion) were frozen in the confederation territory as of December 2022.
As SECO representatives said, it is quite difficult to determine the exact amount of blocked Russian assets. This is all due to the regular addition and removal of individuals and legal entities from sanctions lists, as well as the consideration of cases for freezing funds, the publication says.
November 30 Bloomberg quotes a source reportedThe European Commission (EC) is preparing to present a plan to use income taxes on frozen Russian assets to help Ukraine, the European Commission (EC) said. According to the agency, the document will be made public on December 12.
Previously at the Council of Europe warned About the negative consequences of blocking the assets of the Russian Federation.