Neutral Swiss Poised to Freeze Russian Assets: President

Neutral Swiss Poised to Freeze Russian Assets: President
Swiss President Ignazio Cassis addresses a news conference after a meeting of the Swiss government Bundesrat in Bern, Switzerland, on Feb. 24, 2022. Arnd Wiegmann/Reuters
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GENEVA—Swiss President Ignazio Cassis said on Sunday that it was “very probable” that neutral Switzerland would follow the European Union (EU) on Monday in sanctioning Russia and freezing Russian assets in the Alpine country.

Cassis, interviewed on French-language Swiss public television RTS, said that the seven-member Federal Council would meet on Monday and review recommendations by the departments of finance and economy.