Stock Groups

“Very probable” that Swiss will freeze Russian assets

by Mike Robinson

[ad_1]


GENEVA (Reuters), – The Swiss President Ignazio Kass declared Sunday that it was likely that neutral Switzerland would join the European Union (EU), Monday’s decision to sanction Russia and freeze Russian assets in the Alpine nation.

Cassis said in an interview on French-language Swiss public TV that the Federal Council of seven members would meet on Monday to discuss the recommendations from the departments for finance and economics.

He was asked whether Switzerland, a financial hub and trading center for commodities, would be following the EU’s lead in freezing Russian assets. His answer: “It seems very probable that it will decide to do so tomorrow. However, I cannot predict decisions not made yet.”

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]