Finally - Switzerland imposes sanctions

Pixabay

Some would argue far too late, Switzerland imposed a range of sanctions against Russia yesterday.

The pressure from other countries, political parties and the people proved to be too much for the Federal Council and it says Switzerland will match the restrictions imposed by the EU. 

The only voices against the move were those from the right-wing Swiss People’s Party, which says it threatens Switzerland’s neutral position. 

But the president, Ignazio Cassis, says playing the game of the aggressor is not neutral and as the depository of the Geneva Conventions, Switzerland cannot stand by and watch humanitarian laws being trampled. 

The move will hit the Russian economy and many individuals. 300 named people will be blacklisted and their Swiss bank accounts frozen as will other Russian assets. 

Swiss airspace will be closed to Russian traffic – although there does seem to be an exception for diplomatic flights. 

Switzerland is also supporting cutting off Russia from the SWIFT international payment system. 

Figures from the Swiss National Bank show CHF 10bn is held in this country by Russians. 

There are worries that there could be retaliatory measures. The Defence Minister Viola Amherd says the government is preparing for energy supply disruption and cyber-attacks. 

The move is likely to generally supported by the people. 20,000 gathered in Zurich last night at the Münsterhof, calling for Switzerland to show solidarity with Ukraine. 

More from Bitesize News

  • Geneva could foot the G7 bill

    Geneva fears it will be left with the security bill from a G7 summit just across the border in Évian, according to 24 heures.

  • US NGO discovers Swiss child abuse cases

    Switzerland relies too heavily on an American NGO to detect child sexual abuse online, raising questions about the country's ability to protect children on its own.

  • French singer banned by Paleo

    The Paléo Festival in Nyon says it will no longer invite French singer Patrick Bruel, after a former volunteer accused him of inappropriate behaviour.

  • Cars going uninspected

    The cantons are struggling to keep up with mandatory vehicle inspections, leaving more than 550,000 checks overdue nationwide.

  • War may lead to rent rises

    Rents may rise again, says the bank Raiffeisen.

  • Not a heatwave, yet

    Summer has arrived, with temperatures climbing past 30 over the long weekend. Basel reached 31 and Sion hit 32.4, but MeteoSwiss, says this does not yet count as an official heatwave.

Download our app

  • Available on the App Store
  • Available on Google Play