Switzerland joins 10th package of EU sanctions against Russia - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Switzerland joins 10th package of EU sanctions against Russia

GENEVA, Mar 30 (PRIME) -- Switzerland has joined the 10th package of E.U. sanctions against Russia with an exemption for group of media companies Russia Today, the State Secretariat for Economic Affairs said late on Wednesday.

"At its meeting on March 29, the Federal Council decided to enact further sanctions against Russia. This aligns Switzerland with the E.U., which recently adopted a tenth package of sanctions," the statement read.

The sanctions against Russia Today encompass only a prohibition of advertisement, while other legal relations are not banned. Broadcasting is still allowed.

Switzerland would also introduce humanitarian eases in sanctions to be able to provide some services and for the sanctioned individuals to recover their assets under some conditions.

"Through today's decision, it has prevented sanctioned Russian banks from coming into possession of large stakes in two Swiss high-tech companies and thereby indirectly benefiting from the sanctions," the ruler said.

End

30.03.2023 08:16
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 100.2787 +0.3446 18 apr
USD 94.3242 +0.2500 18 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3454.48 -0.24 17:29 17 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 165.00 +0.38 17:14 17 apr
lkoh 7894.50 -0.03 17:14 17 apr
rosn 586.85 -0.38 17:14 17 apr
sber 306.69 -0.52 17:14 17 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 100.1125 +0.0525 14:59 17 apr
USDTD 94.1350 -0.1575 17:14 17 apr