From 2013 to mid 2017, Switzerland’s authorities sent 361 data requests to Facebook, most related to suspected terrorist activity. The social network refused to provide information for 253 (70%) of these requests, according to the newspaper SonntagsZeitung. Part of the problem is legal differences between the US and Switzerland. Lulzana Musliu, a spokesperson for the […]
Swiss unemployment at lowest in 3.5 years
Swiss unemployment is at its lowest for 3.5 years, according to the Swiss State Secretariat for Economic Affairs (SECO). The last time Swiss unemployment reached March 2018’s level was in October 2014. After reaching a peak of 3.7% in January 2017, the rate had fallen to 2.9% by March 2018. Unemployment has some seasonality however […]
Insurance boss suggests Swiss health insurance deductibles of 10,000 francs
Philomena Colatrella, the CEO of Swiss insurer CSS Insurance, has stirred the lively debate around Switzerland’s rising cost of health insurance by proposing deductibles of CHF 5,000 and CHF 10,000 – deductibles set the amount people pay out of their own pockets before their insurance kicks in. Colatrella discussed the idea in an interview with […]
Europe’s most expensive hotels in Geneva, Paris and Zurich
Across the road from Lake Geneva, sits Geneva’s and the world’s most expensive hotel suite. The Hotel President Wilson’s Royal Penthouse Suite is reported to cost $83,500 per night – the price is not listed on the hotel’s website but costs this much according to CNN. For most of those planning to visit Geneva, this price […]
Switzerland’s grueling high-altitude journey from Zermatt to Verbier
Every two years, around 5,000 hardy skiers make the grueling high-altitude journey from Zermatt to Verbier along a route known as the haute route. The event, known as the Patrouille des Glaciers, is organized by Switzerland’s army. This year it runs from Apr 17, 2018 – Apr 21, 2018, with different teams setting off on different […]
Swiss welfare recipient made to repay 173,000 francs
In some parts of Switzerland welfare payments are effectively loans that must be repaid when the recipient’s financial situation improves. According to the Aargauer Zeitung, a welfare recipient in the commune of Klingnau in the canton of Aargau received a bill of 173,000 francs after he came into some money. A windfall of 173,000 francs […]
“Swissleaks” author arrested in Spain at Switzerland’s request
According to Tribune de Genève, Hervé Falciani was arrested in Madrid last week at Switzerland’s request. In 2008, Falciani a French-Italian who grew up in Monaco, took confidential information from the Geneva offices of HSBC, his employer, and fled to Lebanon where some claim he attempted to sell it. Later he shared the information with […]
Poverty in Switzerland – most don’t stay poor for long
In 2016, 7.5% of Switzerland’s population survived on a income below the poverty line, defined as CHF 3,981 a month for a couple with two young children, CHF 3,039 for a couple without children and CHF 2,247 for a single person. Among the 615,000 people encountering poverty in Switzerland in 2016, 140,000 were working. Over […]
International aid – Switzerland gives less but still 8th most generous
A club of countries known as the Development Assistance Committee (DAC) together gave US$ 147 billion in international aid in 2017, 0.6% less than in 2016. The figure includes money spent on refugees. In percentage of GDP terms, the most generous nations were Sweden (1.01%), Luxembourg (1.00%), Norway (0.99%), Denmark (0.72%) and the UK (0.70%). […]
62% of electricity consumed in Switzerland attributed to renewable sources
Last week the Swiss Federal Office of Energy (SFOE) announced that 62% of the electricity consumed in Switzerland had been linked to renewable sources. It is difficult to know where the electricity from your plug came from. It is sometimes a bit like taking water from the sea and claiming it came from a particular […]
