This week, Switzerland’s federal government announced it was cutting its savings targets slightly amid pressure from cantons and political opposition, reported RTS. The Federal Council announced revised savings targets, lowering the total volume of planned cuts to CHF 3.1 billion by 2029—down from the CHF 3.6 billion outlined in January. The adjustments follow criticism from […]
Swiss public opinion on nuclear energy is shifting
Swiss public opinion on energy is shifting. A small majority now supports reconsidering nuclear power, though concerns about cost, speed, and supply security remain. According to a recent poll by gfs.bern for the Association of Swiss Electricity Companies (AES), 56% of respondents say they are favourable or somewhat favourable to building new nuclear plants. It […]
Swiss interest rate cut to zero
On 19 June 2025, the Swiss National Bank (SNB) cut its policy rate by 25 basis points to 0%, effective June 20th. The Bank said the move follows a sustained decline in inflation, which turned negative in May for the first time since 2021. It also reaffirmed its readiness to intervene in currency markets if […]
Switzerland’s largest print newspaper to end
The days of picking up copy of 20 Minutes (20 Minuten), a free Swiss print newspaper, from one of the many blue bins are numbered. Switzerland’s largest print newspaper will cease its physical edition and go online-only from the end of 2025 The move is less about failure than adaptation: far from being unprofitable, the […]
Higher tax and VAT win approval in Switzerland’s upper house
Switzerland, like many rich countries, faces a pension crunch. An ageing population is putting pressure on public finances, and a recent referendum has added to the strain. In March 2024, voters approved a 13th monthly payment to recipients of the state pension scheme—equivalent to a 8.3% rise in annual payouts—due to begin next year. How […]
Swiss farmers hit back at supermarket price squeezing
A group of Swiss fruit and vegetable producers has filed a complaint with the country’s competition watchdog, accusing Coop, one of Switzerland’s two dominant supermarket chains, of abusing its market power. The farmers say that a new rebate system imposed by Coop will significantly reduce their revenues. In early April, Coop introduced what it calls […]
Swiss rent reference rate stays put
Switzerland’s benchmark mortgage reference rate, a key figure used to determine rents under existing leases, remained unchanged at 1.5% in June, according to the latest update from the Federal Housing Office (FHO), published on 2 June 2025. The rate was last cut by 25 basis points in March 2025, prompting a wave of rent reduction […]
UBS pushes back against government plan to make it safer
Switzerland’s largest bank has slammed a government plan designed to prevent a repeat of the Credit Suisse collapse—plans that could force UBS to hold billions more in capital. The news was reported by SRF and Bloomberg. This week, Switzerland’s Federal Council unveiled a package of measures aimed at reducing the systemic risks posed by the […]
The revolving-door between Swiss health authorities and Big Pharma
A new report from Public Eye, a Swiss NGO, has drawn attention to the scale of personnel flows between the pharmaceutical industry and the country’s public health institutions. The investigation, published on Thursday, raises concerns over potential conflicts of interest and urges stronger safeguards to prevent corruption. The cushy transition between public office and private-sector […]
No compensation for Credit Suisse shareholders, Swiss court rules
A Swiss court has ruled that Credit Suisse shareholders will not be compensated for losses incurred during the bank’s forced sale to UBS in March 2023, reported RTS. The Federal Supreme Court dismissed a claim brought by two small investors who had purchased nearly CHF 85,000 ($100,000) worth of Credit Suisse shares just days before […]
