A survey by price comparison site comparis.ch found 40% would struggle if Swiss health insurance premiums rose significantly in 2018. The survey questioned 700 people across all of Switzerland. 20% of families said they couldn’t cope with a rise of CHF 10 a month and 13% said they couldn’t cope with a CHF 20 monthly […]
Higher Swiss health premiums for those with high deductibles challenged by commission
In June 2017, Switzerland’s Federal Council announced plans to reduce the discounts offered to those willing to risk paying the first chunk of their annual medical bills. The plan included reducing the maximum premium discounts given for opting for deductibles, the amount paid by the insured before insurance kicks in. On Tuesday, according to 20 […]
Swiss franc slides 4 percent in one week
On 24 July 2017, the Swiss franc was 1.101 to the euro. One week later on 31 July 2017 it was 1.145, according to Bloomberg. Over the month it dropped from 1.095 to 1.145, a drop Reuters described as the biggest monthly drop in six years. The Swiss National Bank (SNB) has been working hard to […]
Swiss government to take aim at high Swiss prices
20 Minuten. Switzerland’s Federal Council wants to introduce new measures to lower prices in Switzerland to curb cross-border shopping, something that it says hurts Swiss businesses. Minister for Economic Affairs, Johann Schneider-Ammann, said in an interview with the newspaper Schweiz am Wochenende that he’s working on a package of measures to tackle high retail prices in Switzerland. He thinks […]
Number of vacant homes rises again in Vaud
At 1 June 2017, 3,650 empty homes, of which 2,655 were for rent and 995 for sale, were on the market in Vaud. This brought the vacancy rate to 0.9%, a rise of 0.1% compared to the year before. This rise follows an increase of 0.1% in 2016 from a rate of 0.7% in 2015. […]
How much pocket money Swiss kids get varies hugely by linguistic region
A study requested by Credit Suisse and Pro Juventute shows how much pocket money habits vary across Switzerland. Of the 14,000 adults surveyed a clear majority said it was their job to teach their children how to deal with money. Parents in the lowest earning category (less than CHF 50,000 p.a.) placed greater emphasis on teaching their […]
Swiss franc more overvalued than 6 months ago according to Economist burger index
The Economist magazine’s 6-monthly Big Mac index shows the Swiss franc to be even more overvalued than it was in January 2017. The index, which compares the US$ price of a Big Mac around the world places Switzerland at the top with a price of US$ 6.74. This is 27.2% more expensive than the United […]
Swiss franc outstrips other currencies over last 117 years
Recent analysis by Credit Suisse, London Business School and Cambridge Judge Business School shows the Swiss franc’s enduring strength. The reports says that for a small country with just 0.1% of the world’s population and less than 0.01% of its land mass, Switzerland punches well above its weight financially. The country has had the world’s […]
Swiss Rail to launch app that lets you pay when you arrive
Swiss Rail plans to test a new smartphone app that will charge you when you arrive. The app will automatically search for the cheapest fare once the journey has ended, promising users the lowest possible fare. The new app, which will be added to Mobile Preview, will be tested in 2018. Two companies, Lezzgo and […]
Higher Swiss health premiums for those with big deductibles
Switzerland’s Federal Council announced plans to reduce the discounts offered to those willing to risk paying the first chunk of their annual medical bills. It also plans to adjust deductibles in line with shifts in medical costs. This will be discussed until 19 October 2017. Switzerland’s compulsory basic health insurance can be bought from a range of […]
