The amount of money paid by “rich” cantons to “poor” ones will rise by CHF 61 million to CHF 5.3 billion in 2020, according to a recent government press release. The only French-speaking canton paying will be Geneva. All of the rest will see the sums they receive rise compared to 2019. In 2020, Geneva […]
Drug spending continues to explode in Switzerland
Last week, the government announced that it had shaved CHF 100 million off the cost of drug purchases from 1 January 2020. This week numbers obtained by RTS from Curafutura, a health insurance association, show drug spending rose CHF 420 million from CHF 6.9 billion to CHF 7 billion between October 2018 and September 2019 […]
Zurich to cut number of car parks
This week, Zurich City’s executive tore up an agreement between opposing political camps on parking, according to RTS. The agreement, known as the “Parkplatzkompromiss” which came into force in 1996, was a simple agreement to maintain the status quo. No new parking would be added and no existing parking would be taken away. Now, with […]
More than 100 members of Extinction Rebellion convicted in Switzerland
In September 2019, groups of people belonging to the environmental protest group Extinction Rebellion blocked two road bridges in Lausanne. Local police cleared the bridges by removing, in some cases carrying, protesters away. On 7 November 2019, 117 of the people involved in the bridge protests were convicted and fined for breaking Switzerland’s penal code, […]
Worried about flying? Geneva Airport’s CEO is listening
By Scott Poynton With the world finally waking up to the reality of climate change, flying is increasingly coming in for a bad rap. Planes put a lot of carbon into the atmosphere. Greta Thunberg chose to sail across the Atlantic last month to attend the New York climate bash because she wanted to avoid […]
Geneva to ban Uber if it doesn’t change its operating model
After a legal analyis the government of the canton of Geneva has decided that drivers of the ride hailing service are employees rather than independent contractors, effectively banning Uber from operating under its current model. In an interview with RTS, Mauro Poggia, a lawyer and Geneva state councillor, said that Uber is a transport company […]
Negative rates might go lower, says Swiss National Bank chairman
Thomas Jordan, chairman of the Swiss National Bank (SNB), told the NZZ am Sonntag newspaper recently that central bank interest rates might need to go further into negative territory. Responding to growing criticism of negative central bank interest rates, Jordan said negative interest rates could continue and a further reduction is possible. Could Swiss banks […]
Swiss commission supports new laws to protect whistleblowers
A commission of the Council of States, Switzerland’s upper house, is in favour of new rules to protect whistleblowers. The proposed rules, which would help to protect those who expose secretive information or activity that is deemed illegal or unethical, were supported by 6 commission votes to 2 with 4 abstentions. The proposal, which would […]
Swiss parliamentary commission supports fuel tax hike
The parliamentary environmental commission has endorsed a plan to increase the taxes on fuel in Switzerland. Following support for a fuel tax increase by the Council of States, Switzerland’s upper house, the commission said it supports a rise of 10 cents a litre until 2024 and 12 cents a litre from 2025. These increases are […]
Swiss government cuts drug prices by 100 million francs
Switzerland’s Federal Office of Public Health (FOPH) recently announced it had reduced the price Swiss healthcare providers and patients will pay for 257 drugs by 16.3%. These lower prices, which take affect on 1 December 2019, are expected to save CHF 100 million annually. The FOPH looked at the prices of 478 drugs and achieved […]
