Every year, Swiss tax payers contribute CHF 5.4 million to the promotion and marketing of Swiss meat. The money is paid to Proviande, a meat industry association, and it is used to promote and market meat produced in Switzerland. For environmentalists, using public funds to promote and advertise an environmentally damaging product makes no sense. […]
Middle class shrinks in Switzerland
Statistics published at the end of January 2021 show a fall in the percentage of the population included in the definition of middle class in Switzerland. Middle class includes everyone belonging to a household with a gross income of between 70% and 150% of the median, according to a definition by Switzerland’s Federal Statistical Office. […]
The cause of the apocalyptic skies covering Switzerland
On 6 February 2021, across parts of Switzerland, people awoke to a strange yellowish light and brown skies. The strange light and brown sky is caused by sand from the Sahara desert. It is a well known meteorological phenomenon that occurs around three times a year in Switzerland, according to SRF Meteo. Areas currently most […]
Swiss shares can now be traded again in London
On 1 July 2019, the EU withdrew stock market equivalence for equity securities listed on the Swiss stock exchange. Since then it has not been possible to trade Swiss-listed shares in the EU. The loss of EU financial market equivalence occurred while Switzerland was haggling with Brussels over a framework agreement aimed at replacing Switzerland’s […]
Swiss women granted right to vote 50 years ago this weekend
On 7 February 1971, Swiss women were granted the right to vote after a referendum on the subject. This weekend marks the 50-year anniversary. An early notable event in the fight for women’s suffrage in Switzerland was a demand to have the right included in a revision of Zurich’s cantonal constitution in 1863. However the […]
Swiss democracy hit by pandemic, according to ranking
In 2020, globally, the Economist Intelligence Unit’s Democracy Index fell from 5.44 in 2019 to 5.37 (on a 0-10 scale), driven by falls across all regions for the first time since 2010, in the aftermath of the global economic and financial crisis. The deterioration in average scores was driven largely by measures taken by governments […]
Vaccine delays costing Switzerland up to 100 million francs a day
A recent study by Swiss National COVID-19 Science Task Force calculates that vaccination delays are reducing Switzerland’s national output (GDP) by between CHF 50 – 100 million per day, according to RTS. Marius Brülhart, an economics professor, told the broadcaster that vaccinating as fast as possible is important not only from a health stand point […]
6 billion franc Swiss National Bank payment after new agreement
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 […]
