Russia has been subjected to sanctions from many countries around the world for its invasion of Ukraine, including sanctions on Russian banks, such as kicking Russian banks out of the swift trading system, which is considered to be nuclear bomb-grade and has a great impact on the Russian economy. But another sanction also has a very big impact on Russia, probably more than kicking Russian banks out of the swift trading system. This is Switzerland's sanctions against Russia.
Switzerland, which has always claimed to be a permanently neutral country, is considered the safest bank in the world, but unexpectedly, this time Switzerland has also joined the sanctions against Russia, and Swiss banks have frozen Russian property in Switzerland. According to media reports, the assets of Russian customers deposited in Swiss banks are worth between 150 billion and 200 billion Swiss francs (about 6.7 yuan in 1 Swiss franc), and if Russian assets of this scale are frozen, the impact on Russia is very large.
Once Russia's assets in Switzerland are frozen, Putin's pressure will certainly be very large, and the economic impact on Russia will be very large.