The Swiss voice in the world since 1935
Top stories
Stay in touch with Switzerland

Russian oligarchs sue EU over sanctions

Gennady Timchenko
Gennady Timchenko is among the Russian oligarchs suing the EU for applying sanctions. Keystone / Stringer

Some Russian oligarchs, including one with a Swiss address, have launched legal challenges to sanctions imposed by the European Union.

The German newspaper Bild reports that 61 cases are pending at the Court of Justice of the European Union in Luxembourg.

Among the complainants is energy tycoon Gennady Timchenko, who has a residence in Switzerland, according to court papers seen by the media.

Timchenko is apparently demanding €1 million (CHF988,000) in damages from the EU, alleging that he has been falsely linked to Russian president Vladimir Putin.

The complaints are directed at the EU rather than Switzerland, but the Swiss government has mirrored EU sanctions against Russian individuals and entities with links to the Kremlin.

On Friday, Switzerland announced new measures relating to a price cap on Russian crude oil and petroleum products.

Since Russia’s invasion of Ukraine in February and the start of Western sanctions, Switzerland has frozen some CHF7.5 billion ($7.9 billion) of Russian funds.

More


Popular Stories

Most Discussed

News

Porrentruy swimming pool: the town's mayor was not expecting such controversy

More

Porrentruy mayor comments on Swiss pool ban controversy

This content was published on The mayor of the Swiss town of Porrentruy, which has been in the headlines in neighbouring France after restricting access to a pool to locals after a spate of anti-social behaviour, says he has received much support in recent days.

Read more: Porrentruy mayor comments on Swiss pool ban controversy
Trained on the “Alps” supercomputer at the Swiss National Supercomputing Centre (CSCS) in Lugano, the new LLM marks a milestone in open-source AI and multilingual excellence, according to its developers.

More

Swiss universities to release multilingual AI programme

This content was published on This summer researchers at Swiss universities will make available a large language model (LLM), an AI programme trained on vast amounts of data, developed on public infrastructure.

Read more: Swiss universities to release multilingual AI programme
Zurich cantonal police introduce fixed online police stations

More

Zurich introduces online police station

This content was published on After a one-year test phase, Zurich's cantonal police are introducing an online police station. Demand is high and the response from the public has been positive.

Read more: Zurich introduces online police station
St. Moritz registers the summer as a brand

More

St Moritz registers ‘summer’ as trademark

This content was published on The chic resort of St Moritz in southeastern Switzerland has registered "summer" as a trademark under the name "St Summer". The resort in canton Graubünden is launching a campaign to strengthen its summer business.

Read more: St Moritz registers ‘summer’ as trademark
House prices rose sharply in June

More

Swiss house prices rose sharply in June

This content was published on The prices of homes and apartments in Switzerland rose again in June. In the Lake Geneva region, prices of detached houses rose sharply. Meanwhile, in Zurich and its surrounding region the opposite trend was observed.

Read more: Swiss house prices rose sharply in June
Heavy crowds expected at Swiss airports

More

Crowded airports expected in Switzerland this summer

This content was published on Switzerland's main airports are preparing for a busy summer holiday period. A number of changes have been introduced to improve passenger flows that are expected to be well above average in July and August.

Read more: Crowded airports expected in Switzerland this summer

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR