Switzerland has voluntarily decided to join the EU's energy-saving measures

Switzerland is voluntarily joining the EU's energy-saving targets and will implement the policy through the winter of 2023-2024, according to a published statement on the country's Federal Council website.

"The Federal Council has decided to renew at the Swiss level the EU energy conservation goal on a voluntary basis. In this way, Switzerland will contribute to lower wholesale prices and strengthen security of supply in Europe," the document said.

The authorities specify that the goal is to reduce electricity consumption in Switzerland by 10% from January to March 2023 and in November and December 2023 compared to the average of the past five years.

"The Federal Council has also decided to continue the energy conservation campaign through the winter of 2023-2024," the statement adds.

Meanwhile, Switzerland has not renewed its EU price-cutting policy because of the country's low inflation rate.

The Swiss authorities have previously presented a plan to save energy depending on the level of threat of energy shortages, among the proposed measures - limiting the temperature of washing in the washing machine to 40 degrees Celsius, as well as reducing to 100 kilometers per hour the allowed speed on highways.

The West increased sanctions on Russia because of Ukraine, which led to a rise in electricity, fuel and food prices in Europe and the United States. Russian President Vladimir Putin has previously stated that the policy of containing and weakening Russia is a long-term strategy of the West, and the sanctions have dealt a serious blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people. The Russian Federation has repeatedly stated that Russia will solve all the problems the West creates for it.