Switzerland’s Federal Department of Finance (FDF) and the Swiss National Bank (SNB), Switzerland’s central bank, have signed a new agreement on how SNB profits can be distributed. The new agreement, which applies until 2025, allows for the SNB to make an annual payment of up to CHF 6 billion to the government, should central bank […]
Covid: no systematic checks at Swiss-French borders
According to a report on RTS radio on 1 February 2021, French border staff are not systematically checking people entering France by road or rail from Switzerland. On Friday, 29 January 2021, the French government announced it was closing its borders from Sunday to all those outside the EU or Switzerland. In addition, except for […]
Swiss retail sales up in 2020 despite pandemic
Despite on and off closures of Swiss retailers last year, total 2020 retail sales figures rose by 0.1% compared to 2019. Switzerland’s backdrop of negative inflation, meant real total year-on-year retail sales rose by 0.8%. However, headline sales numbers masks significant variations by retail sector. While e-commerce (+14.1%), sales of technology (+13.8%) and food, drink […]
Residents asked to limit movement after Swiss avalanche risk reaches highest level
On 28 January 2021, the avalanche risk reached level 5, the highest rating, in parts of the Switzerland. The authorities in the canton of Valais have advised residents to limit their movement. WSL, the research institute that monitors avalanche risk in Switzerland, warned on 28 January 2021 that some parts of the Swiss Alps were […]
Most Swiss in favour of federal vote to ban public face covering
A recent poll run by Swiss media company Tamedia on voting intentions for the upcoming federal referendum to ban face covering in public found a majority were in favour. Overall, 63% of those polled were in favour of the ban, with 35% opposed and 2% undecided, according to the newspaper Le Matin. Political party support […]
European court rules against Swiss fine for begging
The European Court of Human Rights has ruled against a Swiss fine issued to a Roma beggar. In January 2014, a woman begging on the streets of Geneva was fined CHF 500. Unable to pay the fine, the woman was placed in detention for 5 days. Begging is banned in many places in Switzerland. Laws […]
It’s Swiss siren testing season
Every year, Switzerland tests its apocalyptic-sounding sirens on the first Wednesday of February. This year it will be done on 3 February 2021, starting at 13:30. Sirens will be sounded for three minutes. The tests finish at 14:00 for general sirens, and 15:00 for flood sirens. If an alarm sounds outside of these times it […]
Swiss federal government rejects vote to ban burqas
On 7 March 2021, Swiss voters will vote on a federal ban on covering faces in public, a referendum focused on women wearing burqas and niqabs. The Egerkingen initiative aims to ban face coverings in public and to protect the free will of women to leave their faces uncovered. The proposal makes exceptions, such as […]
Avalanches: 7 ski deaths in three days in Switzerland
At around 10:20am on Monday 18 January 2021, ten people were caught in an avalanche below Les Attelas in Verbier – pictured below. All ten, who were wearing avalanche detectors, were found, however, a 38 year old British citizen and resident of Verbier died and another was rushed to hospital in a helicopter, according to […]
Swiss inflation turns negative in 2020
During 2020, average annual inflation was –0.7%, according to Switzerland’s Federal Statistical Office (FSO). In December 2020, Switzerland’s consumer price index (CPI) fell by 0.1% compared with November 2020. Compared to December 2019, prices in December 2020 were 0.8% lower. Annual inflation reached -0.7% across the full year. The main drivers of a falling CPI […]
