In December last year, the Observatoire statistique transfrontalier published unemployment figures for the French region surrounding Geneva. French unemployment calculations broadly follow the method used by the International Labour Organisation (ILO), which includes all available job seekers – ILO definition of unemployment and French definition of unemployment. Official Swiss figures however include only those registered […]
Facebook’s Libra has failed, says Switzerland’s president
Facebook’s plan to launch its digital currency Libra is unlikely to succeed Ueli Maurer, Switzerland’s president, told SRF. Maurer doesn’t think central banks will accept the basket of currencies underpinning the cryptocurrency. “The project, in this form, has thus failed” he said. Plans for the digital currency, which is to be issued and governed by […]
Swiss government makes it easier to get paid for work done on the train
From 1 January 2020, it will be much easier for Switzerland’s 38,000 federal government employees to get paid for working on the train, according to the newspaper Tages-Anzeiger. Until the beginning of this year, working on the train on the way to and from work was only rewarded in exceptional instances and even then it […]
Running a Swiss business – changes in 2020
Every year brings changes for business owners and managers. In May 2019, a majority of Swiss voters accepted a package of changes to the way companies are taxed known as The Federal Act on Tax Reform and AHV Financing (TRAF). Many of the changes flowing from this begin on 1 January 2020. 1. Social insurance […]
Switzerland’s new president for 2020
In Switzerland, the position of president is ceremonial. Switzerland’s executive is led jointly by all seven members of the Federal Council, known as les sept sages (the seven wise ones) by French speakers. Every year, the government issues a photo of the Federal Council. This year the photo (below) presents the executive as a group […]
Swiss parliament approves new 6 billion franc fighter jet purchase
Before Christmas, Switzerland’s parliament approved the purchase of a new fleet of fighter jets costing CHF 6 billion, according to RTS. The plan, which aims to defend Swiss airspace beyond 2030, has now been approved by both Switzerland’s upper and lower houses. Any contract to supply the aircraft will require a foreign supplier to invest […]
Swisscom achieves 90 percent 5G coverage, despite public resistance
Swisscom, Switzerland’s largest mobile operator, announced that it has achieved its plan to reach 90% of Switzerland’s population with 5G signals by the end of 2019. The installed infrastructure will allow it to deliver a basic service, which will be slower than the final version but still 1,000 times more effective than 4G. The first […]
New fines for single use plastic in Geneva
From 1 January 2020, single use plastic products will be banned in the city of Geneva. Offenders will risk fines of at least CHF 100. Offering free single-use plastic bags at retail checkouts will be banned across the canton from 1 January 2020. The law enacting the ban was passed earlier in 2019 by Geneva’s […]
Number on welfare in Switzerland falls for first time in 10 years
In 2018, the number of people receiving social welfare in Switzerland fell from 278,300, or 3.3% of the population, to 272,700, 3.2% of the population. The last time the number fell was in 2008 when it dropped from 3.1% (233,500) to 2.9% (222,600) of the population. The percentage of people on welfare varies significantly by […]
French strikers vow to disrupt new cross-border train service for a long time
Early this week, the union representing French Léman Express train workers issued a press release stating that the current social conflict will be long, according to the newspaper Tribune de Gèneve. The press release concluded by stating that striking train workers are determined to turn the Léman Express into the Nothing Express. In addition to […]
