Switzerland will not, like the European Union, generate revenues from frozen assets of Russia and transfer them to Ukraine. This was announced on July 27 by the Swiss State Secretariat for Economic Affairs (SECO) in response to a request from the Keystone-SD agency.
“From Switzerland to Ukraine does not receive money from Russian state assets. While The EU on Friday for the first time announced interest income from frozen Russian state assets for the defense and reconstruction of Ukraine, Switzerland, according to SECO, is in a different situation,” the Swiss newspaper Blick quotes the agency’s response.
On July 26, the European Commission announced the allocation of the first tranche of € 1.5 billion from the proceeds from the reinvestment of frozen assets of the Russian Federation for the purchase of weapons for Ukraine. The head of the EC, Ursula von der Leyen, clarified that the funds would be sent to Kiev through the European Peace Fund and the Ukrainian Fund for the purchase of weapons and the reconstruction of the country.
Kremlin spokesman Dmitry Peskov, commenting on this, said that Russia would not leave this decision unanswered. He promised that Russia’s retaliatory actions would be “thoughtful and in line with the interests of the Russian Federation,” Izvestia reminds.