Switzerland is ditching its deep-rooted tradition of neutrality and adopting the European Union’s sanctions against Russia over its invasion of Ukraine.
The move, which was announced by Swiss President Ignazio Cassis, is significant since Swiss banks include Russian oligarchs close to President Vladimir Putin among their clients.
Switzerland plans to immediately freeze the assets of Putin; his prime minister, Mikhail V. Mishustin; Foreign Minister Sergey Lavrov; and 367 other individuals who were personally sanctioned by the EU last week.
Source: New York post