Member states of the European Union have approved the signing of a package of agreements with Bern, giving their political blessing on Tuesday. The next step, according to the Council, is expected in March. The decision marks a logical step in strengthening our long-standing relations, said Marilena Raouna, Cyprus’s deputy minister for European affairs, in […]
Swiss finance minister defends austerity despite surprise surplus in 2025
Switzerland’s federal government closed 2025 with a financing surplus of CHF 0.3bn, rather than the CHF 0.8bn deficit forecast in the budget. The improvement of more than CHF 1bn was largely due to temporary additional tax revenue from the canton of Geneva. Ministers caution that the windfall should not be mistaken for a change in […]
Swiss politicians challenge WHO’s stance on alcohol
A group of Swiss politicians and hospitality industry representatives is pushing back against the World Health Organization, which in 2023 argued that no level of alcohol consumption can be considered risk-free, reported SRF. The agency maintains that even small amounts of wine, beer or spirits increase health risks. Critics in Switzerland say that position overstates […]
Donald Trump again singles out Switzerland in defence of tariffs
Donald Trump has once more invoked Switzerland’s trade surplus to justify his trade policy, arguing that the prosperity of such countries depends on American generosity. In an interview broadcast on Fox Business on Tuesday evening, the president said the United States had “let them exploit us”, referring to Switzerland’s goods trade surplus with the US. […]
Continued rise in number of fare evaders caught on Swiss public transport
The number of fare evaders caught on Switzerland’s public-transport network is increasing steadily. In 2024, 1.17m passengers were found travelling without a valid ticket, according to figures released on Wednesday by the Alliance SwissPass. That is well above the one-million mark crossed for the first time the previous year. The data, reported by various media […]
Swiss unemployment rises in January
Switzerland’s labour market weakened further at the start of 2026. The unemployment rate rose to 3.2% in January, up 0.1 percentage points from December, marking a second consecutive monthly increase after stagnating in November, according to data released by the State Secretariat for Economic Affairs (SECO). The number of people registered with regional employment offices […]
Swiss exports reach a record high in 2025
Swiss exports hit a new high in 2025, buoyed by strong demand for chemicals and pharmaceuticals, despite a tariff dispute with the United States under Donald Trump. Exports rose by 1.4% to CHF 287bn, according to the Federal Office for Customs and Border Security. Shipments to the United States increased by 3.9% to CHF 54.7bn, […]
Swiss government confirms US tariff deal
Switzerland’s long-mooted trade negotiations with the United States can now proceed. On Wednesday the Federal Council approved the final negotiating mandate for a tariff agreement, clearing the way for formal talks with Washington, reported RTS. Parliamentary foreign-affairs committees and the cantons were consulted in advance. On the basis of their feedback, the government made modest […]
Switzerland’s last commuter paper prints its final edition
20 Minutes, Switzerland’s free commuter newspaper, appeared in print for the last time on Tuesday, ending a 26-year run, reported the newspaper. Its publisher, TX Group, had announced the decision in the summer. The closure also consigns to history the blue distribution boxes that once stood at railway stations and tram stops across the country. […]
Trump announces drug price deal with Novartis and Roche subsidiary
Donald Trump has announced a deal with several large pharmaceutical firms, including Switzerland’s Novartis and Genentech, a subsidiary of Roche, reported SRF. The agreement, unveiled at the White House, is intended to lower the prices of selected medicines in the United States and to allow drugmakers to sell them directly to consumers online. In exchange, […]
