Press ESC to close

Ukraine: Decrease in the value of Russian assets frozen in Switzerland

The value of financial assets frozen in relation to sanctions against Russia was CHF 5.8 billion on 31 December 2023. This is CHF 1.7 billion lower than the figure reported for December 2022. The decrease is due to valuation losses on securities. In addition, 17 properties in 7 cantons have now been blocked.

Read More

Christian Meier

Christian Meier is a seasoned journalist and the esteemed editor of Biz Swiss, the online source focused on Swiss business and economics. With a keen eye for detail and a passion for uncovering untold stories, Christian has dedicated his career to bringing to light the intricacies of Switzerland's dynamic business landscape.