(NaturalNews) Switzerland has disclosed that it currently holds an estimated 13 billion Swiss francs ($14.3 billion) in Russian assets, frozen within its financial...
FRIBOURG, Switzerland , April 24, 2024 /PRNewswire/ -- Sulpayments Switzerland and GameCash Mexico, have announced their consolidation under a unified holding structure. This strategic move aims to leverage synergies between the two…
When asked whether the Swiss government will be guided by its geopolitical interests when deciding on the possible confiscation of Russian assets, SECO official representative Fabian Maienfisch replied: "Swiss geopolitical interests are…
The Swiss authorities pointed out that the value of assets of the Bank of Russia "may fluctuate in either direction, notably as a result of valuation changes on frozen securities, bank charges and exchange rate movements"
The total amount of blocked assets of the Russian Federation decreased by 150 million Swiss francs (about $165 million) due to the fact that a number of individuals "were removed from the EU sanctions lists"