According to The News:
…the Palace…statement… reads, “Prince Albert of Monaco supported all efforts aimed at halting the fighting in Ukraine and encouraging the withdrawal of Russian armed forces from Ukrainian territory.”
“The Principality has adopted and implemented, without delay, procedures for freezing funds and economic sanctions identical to those taken by most European States.”
The statement concluded with a show of support to suffering Ukrainians and called for the implementation of an immediate ceasefire.
These sanctions come as part of a further blow against Russia[ns] who prefer to dock on Monaco’s shores because of its reputation as a tax haven.
