Switzerland’s four largest buildings insurers estimate the costs of recent weather events could reach half a billion francs across Switzerland, reported RTS. According to Grégoire Deiss, who works for the cantonal buildings insurer ECAB in Fribourg, the cost of recent storms and flooding could be around CHF 500 million across all of Switzerland, a figure […]
Vote to increase Swiss retirement age clears signature hurdle
The youth chapter of the PLR (FDP) has successfully collected enough signatures for an initiative to raise the official retirement age in Switzerland to 66 years old, reported RTS. On 16 July 2021, initiative organisers submitted 145,000 voter signatures as part of the formal process of launching a referendum in Switzerland. Under referendum rules a […]
New call for compulsory military service for Swiss women
This week, the Swiss Officers’ Society, a military association, announced that it was in favour of extending compulsory military service to both men and women, according to 20 Minutes. The association submitted a report, which included the recommendation to include compulsory service to women to Viola Amherd, Switzerland’s minister in charge of defense. Society president […]
Switzerland to shift from cold heavy rain to warm sun
Switzerland has not had as much rain as it has received over the last few weeks for 70 years, according to analysis by RTS. Between 21 June and 13 July 2021, more rain has fallen on Switzerland than during the same period for 70 years. In Geneva there has been more rain during early summer […]
Swiss anti-Covid certificate referendum gets record number of signatures
Launching a vote to repeal a Swiss law requires 50,000 voter signatures be collected within 100 days. A group opposed to a Swiss law allowing the issuance of voluntary Covid certificates gathered more than 187,000 signatures in 4 weeks, setting a new record, according to 20 Minutes. Collecting as many as 187,433 signatures in the […]
Switzerland locked out of EU research project
On 14 July 2021, Switzerland’s State Secretariat for Education, Research and Innovation reported that it had been told by the European Commission that Switzerland will be treated as a non-associated third country in the EU’s Horizon Europe research and innovation programme. This means that Switzerland can only participate in limited ways. It can put forward […]
How the Swiss government gets paid to borrow
Normally, those who borrow must pay out more money than they are lent in the form of interest and repayments. Currently, for the Swiss government it is the other way around. Lenders are paying the Swiss federal government to give it money. On 14 July 2021, the Swiss Confederation announced the success of its latest […]
Flood warnings reach maximum in central Switzerland
On 15 July 2021, Switzerland’s flood warnings reached the maximum level of 5 in some parts of central Switzerland. Continuous and intense rain on the northern slopes of the Alps and adjacent areas as well as northwestern Switzerland has led to a critical flood situation, warned the Federal government on its natural hazards portal. Intense […]
Price comparison site Comparis customer data exposed in ransomware attack
On 9 July 2021, the Swiss price comparison website Comparis revealed that it had been the victim of a ransomeware cyber attack on Wednesday, 7 July 2021. According to Comparis, the attack occurred in the morning. Comparis took down several of its sites as a security measure. The attackers demanded money in exchange for decrypting […]
Swiss CO2 taxes to rise in 2022
Switzerland has a mechanism that automatically increases taxes on fossil fuels if emission reduction targets are not met. And the small reduction in emissions in 2020 is not enough to avoid triggering a CO2 tax rise in 2022. Data published this week by the Federal Office for the Environment (FOEN) confirms the slow progress in […]
