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Switzerland, a den of Russian oligarchs and an accidental 'ally'? from Moscow


Due to its neutrality, it does not send weapons to kyiv or apply sanctions against Russia as it should. In his bank, there are US$ 218,000 million Russians.

Switzerland is the only Western European country that

does not send weapons to Ukraine

and also refuses to allow others to send weapons and ammunition that came from Swiss factories.

It also refuses to resell German Leopard 2 tanks to Germany for Berlin to send to Ukraine, as requested by the German government.

To the point that in Germany there are already voices asking

not to sell more weapons

to Switzerland.


traditional Swiss neutrality

, to which its government clings, is generating deep discomfort among European diplomacy.

Germany, Denmark and Spain have seen authorities in Bern

prevent them from sending

Swiss-made weapons and ammunition to Ukraine.

In addition to these three countries, many others from NATO and the European Union have bought weapons from

the powerful Swiss military industry in recent decades.

When those contracts were made, Berne forced buyers to sign

a non-re-export declaration


They could not sell to third countries what was bought in the Swiss armories.

The reasons

The Swiss government has several excuses: it claims that it listens to its public opinion (although polls say that it supports sending arms), also that it does not see how it could legally send weapons due to the country's neutrality status and that in any case some few Swiss weapons

are not going to change the situation

of the contenders.

In Brussels,

the Swiss government's way of applying European sanctions to Russia

is extremely annoying .

Russian oligarchs

continue to keep fortunes

worth hundreds and billions of Swiss francs in their banks and hundreds of properties in the country.

The Swiss bank acknowledges keeping more than 200,000 million Swiss francs of Russian citizens.

Photo: Reuters

The Swiss bank acknowledges keeping more than

200,000 million Swiss francs

(about 218 billion dollars)

of Russian citizens


Of that amount, the Swiss authorities assure that they could only identify 42,000 million and that they only blocked 7,500 million.

They do not refuse to confiscate the rest, but

they lengthen deadlines and

administrative procedures for not doing so.

Some cases are seen from Brussels as proof that Switzerland

does not want to apply the sanctions

, to which it is bound in principle by its agreements with the European Union.

The Swiss government assures that it is not slow by will and that it already has 20 people working on the application of the sanctions, but that it must be careful not to block funds from Russian citizens that have nothing to do with the



Andrei Melnitchenko, a Russian oligarch who lived in Switzerland until the war started and who was sanctioned by the European Union (and therefore also by Russia) simply made the manager of his company Eurochem now his wife.

And so he escaped sanctions.

Legislative proposals to make these frameworks impossible

were rejected by a large parliamentary majority.

Swiss President Alain Berset (the position rotates among the seven members of the Federal Council) has said on occasion that, despite the war,

Switzerland must not change its way of functioning

, its absolute neutrality or its international openness.

"Neutrality is no longer an option"

The European governments are not asking Switzerland to abandon its neutrality, but they are asking for

some type of legal flexibility

that allows these exports from other countries.

Although the Swiss may doubt, because the German Chancellor Annalena Baerbok came to say this Thursday that “neutrality is no longer an option.

Being neutral is siding with the aggressor”.

German Chancellor Annalena Baerbok.

Photo: Joseph Eid / AFP

While the European Union and the United Kingdom are studying how to use the funds confiscated from the Russian oligarchs to finance

the reconstruction of Ukraine

after the war, Switzerland is totally distancing itself from that idea.

The Ministry of Justice said in a note: “The guarantee of property is inscribed in the Constitution.

There is no legal basis

for confiscating private Russian assets."

Between taking sides in the biggest European war since World War II and following the line of their neighbors or continuing to show the world that Switzerland knows how to save money whatever the circumstances, the Swiss seem to have chosen


Brussels, special for



look too

Ukraine needs shells, and weapons manufacturers want money.

Enter the EU.

The war in Ukraine: in the bloodiest battle, Russia is bent on conquering Bakhmut and kyiv still resists

Source: clarin

All news articles on 2023-03-10

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