Home Economic Times Russia’s struggle in Ukraine: Switzerland manufacturers Russia’s struggle in Ukraine ‘devastating insanity’

Russia’s struggle in Ukraine: Switzerland manufacturers Russia’s struggle in Ukraine ‘devastating insanity’

Russia’s struggle in Ukraine: Switzerland manufacturers Russia’s struggle in Ukraine ‘devastating insanity’

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Russia’s struggle in Ukraine is pushed by “devastating insanity”, and Switzerland is ready to pay the worth for defending freedom and democracy, Swiss President Ignazio Cassis stated Saturday.

Switzerland has determined to impose the identical sanctions on Russia because the European Union however Cassis insisted Switzerland’s neutrality was not at stake.

Nevertheless, he stated Switzerland couldn’t merely stand by within the “confrontation between democracy and barbarism”, and was ready to take an financial hit.

“On February 24, the face of the world modified, and never in a great way. We should valiantly and tirelessly defend freedom and democracy. This has a value. A value that Switzerland is able to assume”, he wrote in Le Temps newspaper.

“This struggle is pushed by a devastating insanity which shatters all of the rules and values of our civilisation.”

Whereas there was no query of an financial disaster or a downturn for now, Cassis stated the battle would have an effect on the Swiss financial system.

He stated the nation must deal with “sustained and important inflation and rising power costs”, whereas the Swiss franc foreign money would stay a protected haven, which is able to hit exports.

“There isn’t a answer which, with a wave of a magic wand, would save Switzerland from the results ensuing from the present state of affairs”, he added.

Cassis stated Switzerland won’t ship army assist to Ukraine however neutrality couldn’t imply indifference.

“Switzerland can’t tolerate this struggle with out reacting,” he wrote.

“Russia has massively violated the prohibition of the usage of drive, a precept anchored in worldwide regulation. By remaining inactive, Switzerland would have performed the sport of the aggressor.”

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