Contents tagged with Switzerland
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Switzerland will give Ukraine a tranche of $100 million in the coming weeks
The first loan tranche from Switzerland will be provided to Ukraine in the near future, as reported on the Swiss government’s website.
"The first loan tranche of $100 million will be directed to the National Bank of Ukraine in the coming weeks," the statement says.
After consultations with the Swiss National Bank, the Swiss Federal Council decided in February 2015 that the country would participate "in the international coordination of financial support to Ukraine," the report says.
In the …
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Swiss fighters escorted aircraft carrying Russian delegation
An aircraft of the Swiss Air Force flew close to an airliner with the Russian delegation on board, as they were heading to Peru for the APEC summit. Members of the delegation on board included the head of the Federal Service for Military-Technical Cooperation (FSMTC) Alexander Fomin. They will accompany President Vladimir Putin at the meeting.
It is reported that the incident occurred in the sky over Switzerland. One of the fighters flew up close to the Russian aircraft from the left side "at …
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Switzerland imposed sanctions against Russian deputies elected in the Crimea
Switzerland has expanded its list of people who will not be able to bypass the US and EU sanctions imposed because of aggression by the Russian Federation in Ukraine, according to the Swiss state secretariat for economic affairs.
The names of six people who were recently elected as deputies of the State Duma of the Russian Federation in the Crimea and Sevastopol were added to the list.
“On November 17, 2016, the Federal Department of Economics, Education and Research (EAER) amended the list …
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Media: Swiss bank refused to provide services to wealthy customers in Russia
Swiss Bank Credit Suisse refuses to serve wealthy clients in Russia. The only service the bank can provide for them at this time is advisory services, reports Russian news portal Forbes.ru, citing market sources.
"At the request of the client, I spoke with Russian managers who indicated that private banking covers all Russian accounts," a source from Forbes said. The decision was made in late May. Starting in June, managers began to inform customers about the change, a source close to the bank …
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Switzerland sends humanitarian aid to the Donbas
Two convoys with medicine and materials for water purification were delivered from Switzerland to the east of Ukraine, as announced by the Swiss government.
As the government explained, a train carrying supplies for water treatment went from Switzerland to Donetsk on Sunday morning.
"The goods are intended for water pumping stations in the Donbas region which provide drinking water to the population on both sides of the line of contact," the message states. In addition, medical supplies, in …
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Switzerland suspects Russian involvement in cyber attacks
The Ministry of Defense of Switzerland was attacked in January and Russia is likely behind it.
According to Tagesanzeiger, the Federal Intelligence Service of Switzerland (NDB) found that at the beginning of 2016, the defense company Ruag “was constantly hacked.” As a result, “a significant amount of information was leaked” including “strictly confidential information.”
On January 25th, the Public Prosecutor’s Office filed a case of suspected economic espionage. According to Swiss …
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Switzerland grants $200 million loan to the National Bank of Ukraine
The National Bank of Ukraine signed a loan agreement with the Swiss National Bank. In an official statement, the National Bank of Ukraine said, “The agreement finalizes the agreement made between the President of Ukraine, Petro Poroshenko, and the President of Switzerland, Johann Schneider-Ammann, on an increase of humanitarian and financial assistance to Ukraine from Switzerland.”
According to the report, the purpose of the loan agreement between the National Banks of Switzerland and Ukraine …
