On 30 November 2025 the Swiss electorate decisively rejected two headline proposals: a sweeping federal inheritance and gift tax for the super-rich, and a scheme to make civic service mandatory for all citizens. The inheritance-tax measure — a 50% levy on estates and gifts above CHF 50 million — was turned down by 78% of […]
Switzerland’s median salary surpasses CHF 7,000 a month
The median full-time salary in Switzerland rose to CHF 7,024 (US$8,780) a month in 2024, up 3.5% from CHF 6,788 two years earlier, according to the Federal Statistical Office. Despite nominal gains, the overall shape of the country’s wage pyramid has changed little since 2008. The bottom 10% of earners took home less than CHF […]
Cuts in Swiss bureaucracy could save 30 billion a year
Swiss business and farming groups are stepping up calls for a rollback of red tape, warning that an expanding regulatory burden is stifling productivity just as labour shortages intensify. They are urging the Federal Council and parliament to act before the end of the current legislative term. At a press conference in Bern, economiesuisse, the […]
Corruption complaint filed against Swiss executives over gifts to Trump
Two Swiss Green Party lawmakers have filed a criminal complaint for suspected corruption against a group of Swiss business leaders who presented luxury gifts—including a Rolex clock and a one-kilogram gold bar—to Donald Trump during recent trade talks in Washington, reported RTS. The complaint, submitted to the federal prosecutor by Raphaël Mahaim and Greta Gysin, […]
Swiss aircraft maker regains duty-free access to the US market
Pilatus, Switzerland’s aircraft manufacturer, has unexpectedly secured a full exemption from American import duties, reported SRF. The Federal Department of Economic Affairs, led by Guy Parmelin, confirmed to SRF that Washington has reactivated a long-standing aviation agreement dating from 1979, allowing the firm to ship its PC-12 and PC-24 models to the United States duty-free. […]
Switzerland wins deal to cut US tariffs from 39% to 15%
American tariffs on Swiss exports, imposed by Donald Trump, will fall from 39% to 15% after a flying visit to Washington by Guy Parmelin, Switzerland’s economy minister, repprted RTS. The Federal Council announced on Friday that Bern and Washington had reached a non-legally binding declaration of intent. The deal does not fully restore the pre-tariff […]
Switzerland may be close to securing improved 15% US tariff deal
Switzerland may be close to securing a 15% tariff on its exports to the US, in what would be a relief for the country after it was hit with a punishing 39% levy in August, according to people familiar with the matter, reported Bloomberg. A deal may be concluded within weeks, said the people, who declined […]
Swiss Greens’ vote on compulsory solar panels clears signature hurdle
A popular initiative by Switzerland’s Green Party to make solar panels mandatory on most rooftops has gathered more than 100,000 signatures, enough to trigger a national vote once the federal chancellery formally validates them, reported RTS. The proposal seeks to require the installation of photovoltaic systems on nearly all new and existing buildings, though exemptions […]
Swiss retail staff push back against Sunday trading expansion
Retail workers in Switzerland are pushing back against plans to allow stores to open on up to 12 Sundays a year, up from the current four. A petition opposing the proposal was submitted to the Federal Chancellery in Bern on Thursday, backed by the unions Unia and Syna, which argue the change would worsen already […]
Can Switzerland charm Donald Trump in Davos?
Donald Trump is expected to attend the World Economic Forum (WEF) in Davos this January, and Swiss exporters battered by 39% American tariffs are hoping the visit might bring relief. The Federal Council, they say, should seize the chance to appeal directly to the man wielding the tariff hammer, reports SRF. A report from CH […]
