Switzerland announced today (February 28, 2022) it will be freezing Russian assets due to Russian President Vladimir Putin's invasion of Ukraine, breaking a long tradition of neutrality in foreign conflicts, according t o the Daily Caller website.
President Ignazio Cassis said Putin's assets, along with those of 369 more individuals sanctioned by the European Union, would be frozen immediately.
Cassis met with the Swiss Federal Council and decided that action was necessary due to the "unprecedented" aggression displayed by Russia in invading a sovereign European state.