Switzerland has signed a first contract with Lockheed Martin for the delivery of eight F-35 fighter jets, marking the first concrete step in its long-planned rearmament programme, reported RTS. The agreement, signed on September 29th, was confirmed this week by Armasuisse, the federal procurement agency. Two further contracts, covering the remaining 28 aircraft, are still […]
Swiss government weighs VAT hike to fund army
Switzerland’s government is weighing a rise in value-added tax to help fund a rapid expansion of the armed forces, reported RTS. According to the Tages-Anzeiger, the proposal—an increase of 0.5 percentage points—was floated by Martin Pfister, the defence minister, amid growing anxiety about Europe’s security and the risk of further Russian aggression. Pfister argues that […]
Switzerland’s median salary surpasses CHF 7,000 a month
The median full-time salary in Switzerland rose to CHF 7,024 (US$8,780) a month in 2024, up 3.5% from CHF 6,788 two years earlier, according to the Federal Statistical Office. Despite nominal gains, the overall shape of the country’s wage pyramid has changed little since 2008. The bottom 10% of earners took home less than CHF […]
Cuts in Swiss bureaucracy could save 30 billion a year
Swiss business and farming groups are stepping up calls for a rollback of red tape, warning that an expanding regulatory burden is stifling productivity just as labour shortages intensify. They are urging the Federal Council and parliament to act before the end of the current legislative term. At a press conference in Bern, economiesuisse, the […]
Poverty in prosperous Switzerland refuses to fall
Despite its wealth and generous welfare system, Switzerland has struggled recently to make meaningful progress in reducing poverty. In 2023, some CHF 15bn in social transfers trimmed Switzerland’s underlying poverty rate from nearly a third of the population (31.7%) to 8.1%, according to the country’s first comprehensive national poverty study. That share has barely moved […]
Swiss farmers resist new US tariff deal
Markus Ritter, president of the Swiss Farmers’ Association, is calling for measures to shield agriculture after Switzerland’s new tariff agreement with the United States, reported SRF. The deal will grant duty-free quotas for American beef, poultry and buffalo meat—concessions that Ritter views with concern. In an interview with Sonntagsblick, he acknowledged the political logic of […]
Switzerland’s 13th pension timing confirmed
On 11 November 2025 the Federal Council confirmed that AHV compensation offices will pay a thirteenth old-age pension for the first time in December 2026, as a supplement to that month’s pension, reported SRF. The extra payment will amount to one-twelfth of a recipient’s annual pension. Child and supplementary pensions, as well as the transition-generation […]
Home ownership in Switzerland continues to elude most
In Switzerland, the majority of households continue to rent. A recent survey by Comparis, together with the country’s largest real-estate portal, finds that 57 % of Swiss adults live in rented accommodation; for those aged 18-35 the figure rises to 68 %. Only 24 % of respondents own a house, and 12.5 % an apartment. […]
Swiss car insurance: premiums set to rise again in 2026
Swiss motorists face another increase in car-insurance premiums next year. A survey by Comparis of 13 major insurers indicates that most intend to raise rates in 2026, citing higher repair costs, more expensive spare parts and a rise in weather-related damage. Several insurers—including Generali, Zurich Switzerland, Allianz, PostFinance, TCS and Bâloise—report an inflation in claims […]
Switzerland may be close to securing improved 15% US tariff deal
Switzerland may be close to securing a 15% tariff on its exports to the US, in what would be a relief for the country after it was hit with a punishing 39% levy in August, according to people familiar with the matter, reported Bloomberg. A deal may be concluded within weeks, said the people, who declined […]
