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Swiss Info

Fri, 25 Mar 2022 16:35:19 GMT
Switzerland slaps more sanctions on Russia
The Swiss government on Friday adopted additional sanctions against Russia for its ongoing war in Ukraine but did not ban the Russian state TV channels Sputnik and Russia Today like the European Union. Switzerland joins the sanctions measures adopte...

Fri, 25 Mar 2022 15:45:35 GMT
Switzerland should do more to boost its security, says think-tank
Switzerland should boost transnational military cooperation and improve its ability to counter cyber-attacks, says liberal think-tank Avenir Suisse. In a study on “Security Policy Perspectives” released on Friday, Avenir Suisse writes that “th...

Fri, 25 Mar 2022 12:56:14 GMT
Swiss arms sales down by almost a fifth
Swiss companies exported CHF742.8 million ($801 million) worth of war materiel to 67 countries in 2021, down 18% on the previous year, the State Secretariat for Economic Affairs (SECO) said on Friday. These arms exports accounted for 0.21% of total ...

Fri, 25 Mar 2022 11:02:08 GMT
Quarantine lifted for Ukrainian pets
The Swiss government has lifted the obligation for pets coming with Ukrainian refugees to quarantine on arrival, saying the risk of disease being introduced is low. “The risk of rabies being introduced by dogs and cats accompanying their owners is...

Fri, 25 Mar 2022 10:01:01 GMT
Chinese investors rediscover taste for Swiss companies
After a pandemic-related slump in 2020, Chinese companies last year spent more money on acquisitions or investments in Swiss companies. They invested a total of $96 million (CHF89 million) on nine deals. In 2020 they spent only $7 million on eight a...

Thu, 24 Mar 2022 14:07:00 GMT
Family jumps to death from Swiss block of flats
Four members of a family have died after jumping from the seventh floor of a building in an apparent attempt to escape from police. A 15-year-old boy is seriously injured after also leaping from the block of flats in Montreux, western Switzerland. L...

Thu, 24 Mar 2022 11:45:00 GMT
Russian asset freeze reaches CHF5.75bn in Switzerland
The Swiss authorities have so far frozen some CHF5.75 billion ($6.2 billion) of sanctioned Russian oligarch assets, with the total expected to rise as the European Union announces further measures. The State Secretariat for Economic Affairs (Seco), ...

Thu, 24 Mar 2022 10:50:53 GMT
Swiss interest rates unchanged despite rising franc
The Swiss National Bank (SNB) kept its ultra-expansive monetary policy on hold on Thursday, bucking the trend of other central banks which have started hiking interest rates to tackle rising inflation. The SNB kept its policy rate locked at -0.75%, ...

Thu, 24 Mar 2022 09:06:33 GMT
Invasive quagga mussel could profoundly change Swiss lakes
The quagga mussel, originally from the Black Sea region, is spreading rapidly in Swiss lakes. Experts fear that the invasive species could upset lake ecosystems. The quagga mussel (Dreissena bugensis) was first discovered in 2014 in the River Rhine ...

Wed, 23 Mar 2022 17:14:21 GMT
Cooperation with Rotterdam a ‘huge opportunity’, says Swiss minister
Switzerland and the Netherlands plan to boost cooperation on energy supply and renewables, the Swiss government said on Wednesday. Speaking during a visit to the Netherlands, Swiss Environment, Transport and Energy Minister Simonetta Sommaruga descr...

Wed, 23 Mar 2022 15:24:50 GMT
Top bosses’ salaries rise – but not at Credit Suisse
The CEOs of leading companies listed on the Swiss stock exchange saw their earnings rise by an average 5% to CHF6.8 million ($7.3 million) last year, says Swiss financial news agency AWP. Severin Schwan, CEO of Swiss pharmaceutical company Roche, re...

Wed, 23 Mar 2022 12:26:06 GMT
Concern at Swiss dependence on older and foreign doctors
One in four doctors practising in Switzerland is aged 60 or over, and almost four out of ten come from abroad, says the Swiss Medical Association (FMH). "Measures to counter the shortage of doctors are becoming urgent," the FMH warned in its latest ...

Wed, 23 Mar 2022 11:27:51 GMT
Swiss economy holds up despite Ukraine uncertainty
Economists at the KOF Swiss Economic Institute have confirmed their previous growth forecast for Switzerland of just under 3% for 2022, although this is only in the most favourable scenario. If the crisis in Ukraine spreads and there is a complete h...

Tue, 22 Mar 2022 16:21:00 GMT
Switzerland offers Moldova more funds to cope with refugees
Switzerland has given Moldova an extra CHF2 million ($2 million) to help the eastern European country cope with a wave of refugees from neighbouring Ukraine. Swiss President Ignazio Cassis said Switzerland would “react pragmatically and unbureaucr...

Tue, 22 Mar 2022 15:20:57 GMT
Swiss prosecutor taskforce sets sights on Russian war crimes
Swiss federal prosecutors have formed a new unit to identify war crimes being committed in Ukraine. The Office of the Attorney General (OAG) says the taskforce will collect evidence from refugees arriving in Switzerland to pass on to the Internation...

Tue, 22 Mar 2022 14:29:00 GMT
Switzerland sounds out Qatar over gas supplies
Switzerland plans to open negotiations with Qatar over the potential delivery of liquefied natural gas (LNG) supplies. The Alpine state is scouting for new energy suppliers, following the Russian invasion of Ukraine. Finance Minister Ueli Maurer bro...

Tue, 22 Mar 2022 11:29:00 GMT
Swiss companies fear Ukraine war squeeze
The Swiss industrial sector, particularly chemical, engineering and food production companies, is already feeling the effects of rising raw material costs and logistical logjams caused by the Russian invasion of Ukraine. Every second Swiss firm is f...

Tue, 22 Mar 2022 10:13:16 GMT
Masks will become a common sight, says Covid taskforce head
The head of the Swiss government’s Covid taskforce has appealed to the public to plan well for booster vaccinations in autumn. She also believes people will choose to wear masks more often in winter from now on. Since the most recent lifting of re...

Tue, 22 Mar 2022 08:33:51 GMT
Swiss target holiday home in hurried clampdown on Russian oligarchs
Swiss authorities have identified a luxury mountain home believed to be owned by a Russian oligarch as bankers and officials work overtime to track assets of people linked to Moscow in retribution for the invasion of Ukraine. The Bern cantonal prope...

Mon, 21 Mar 2022 14:28:00 GMT
Poland wants Switzerland to confiscate Russian assets
The Polish Prime Minister Mateusz Morawiecki has called on Switzerland to seize sanctioned Russian assets that are frozen in Swiss bank vaults. Morawiecki made this demand during a visit from Swiss President Ignazio Cassis on Monday. “The assets o...

Mon, 21 Mar 2022 11:23:00 GMT
Poll: most Swiss are reluctant to increase defence spending
A majority of the Swiss population is not in favour of increasing spending on defence, despite the ongoing war in Ukraine, a new survey reveals. However, they support the government’s existing plan to buy replacement fighter jets. The online poll ...

Mon, 21 Mar 2022 10:28:00 GMT
Credit Suisse Vice Chair Schwan steps down from board
Credit Suisse announced on Monday that Vice-Chair Severin Schwan would not stand for re-election. This follows a reported rebellion by large shareholder groups at the Swiss bank. “Severin Schwan, who joined the Board in 2014 and has acted as Vice-...

Sun, 20 Mar 2022 14:00:00 GMT
Swiss intake of Ukrainian refugees could be the largest in decades
Switzerland may end up taking in far more Ukrainian refugees than government authorities initially estimated, according to a report by the NZZ am Sonntag. The education system will need to adapt. The Alpine nation is expected to experience the large...

Sun, 20 Mar 2022 12:35:31 GMT
Covid: Switzerland may be grossly undercounting daily infections
A senior health official believes the number of new coronavirus cases in Switzerland may be massively underreported. Rudolf Hauri, president of the cantonal health authorities, estimates the number of people newly infected with the virus at 150,000 ...

Sun, 20 Mar 2022 11:11:00 GMT
Swiss media on the lookout for Putin's alleged mistress – and Russian oligarchs
Switzerland’s weekend press focused on the whereabouts of Russian President Vladimir Putin’s alleged mistress who has been rumoured to be hiding in the Alpine nation. Newly sanctioned Russian oligarchs said to have residency in Switzerland were a...

Sat, 19 Mar 2022 19:53:00 GMT
Ukraine's embattled leader urges Swiss banks to drop Russian oligarchs
Thousands of people joined a "Solidarity with Ukraine, Stop the War Now!" rally held on Saturday in the Swiss capital, Bern. President Ignazio Cassis was also present at the demonstration. He introduced his Ukrainian counterpart Volodymyr Zelensky wh...

Sat, 19 Mar 2022 18:03:00 GMT
Ukrainian officials shame Nestlé over Russia presence
Swiss food giant Nestlé could confront a consumer boycott after Ukrainian government officials accused the company of being complicit in Russia’s "war crimes" in Ukraine. Boycott calls and parody memes shaming the company have spread like wildfire...

Sat, 19 Mar 2022 10:45:00 GMT
Swiss president spells out economic consequences of Ukraine conflict
Switzerland’s president warns that the conflict in Ukraine will have long-term consequences on the Swiss economy. Ignazio Cassis, who also serves as foreign minister, once again defended the sanctions against Russia saying that Switzerland is ready...

Fri, 18 Mar 2022 14:27:22 GMT
Switzerland will adopt fourth EU sanctions package against Russia
The Swiss government has announced it will implement the European Union’s latest round of sanctions that includes a ban on the export of luxury goods to Russia. Switzerland will impose restrictions on transactions with certain state-owned companie...

Fri, 18 Mar 2022 13:21:53 GMT
Swiss government aims to pay back Covid-19 debt by 2035
The government has given itself 11 to 13 years to balance the books on debt incurred due to the coronavirus pandemic. The total debt burden caused by the pandemic is expected to amount to CHF25-30 billion ($26.7-32 billion) by the end of 2022. Most...



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