Could Switzerland seize Russian assets to rebuild Ukraine?

Switzerland has yet to announce its official position on the matter. During the WEF in May, President Ignazio Cassis said: “This is a global question, and Switzerland will announce its position at the appropriate time.”

The left-wing Social Democratic Party has taken the first step and submitted an initiative that calls on the government to introduce legislation that spells out how to confiscate the assets of sanctioned individuals.

However, the House of Representatives is unlikely to discuss this initiative before the autumn session. What’s more, even if it is ratified, it will probably take several years before it becomes law.

Source: swissinfo.ch