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Reuters
Reuters
Business

Switzerland adopts new EU sanctions on Russia

Plastic letters arranged to read "Sanctions" are placed in front flag colors of Switzerland and Russia in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration

The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the European Union, tightening exports and financial services to the country over the biggest attack on a European state since World War Two.

In a sharp deviation from its traditional neutrality, Switzerland moved on Monday to adopt sanctions that the European Union (EU) imposed on Russian people and companies and freeze their assets to punish the invasion of Ukraine.

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