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Radio France Internationale
Radio France Internationale
World

Abandoning neutrality, Switzerland backs anti-Russia sanctions-but it comes with a price

Switzerland broke its proverbial neutrality by backing EU sanctions against Russia. AFP

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.

The Swiss Federal Council announced on 28 February that it froze assets of a list of individuals and companies, noting that "the financial sanctions against Russian President Vladimir Putin, Prime Minister Mikhail Mishustin and Foreign Minister Sergey Lavrov are also to be implemented with immediate effect."

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