Switzerland’s GDP fell by –2.6 % in the 1st quarter of 2020, after rising by +0.3% in the previous quarter, according to a government press release. Due to the coronavirus pandemic and the measures to contain it, economic activity in March was severely restricted, said the statement. A global slowdown also affected exports. The service […]
Climate change contributes to surprise fall in Swiss GDP
Third quarter Swiss GDP figures released yesterday show Switzerland’s economy shrank compared to the quarter before. GDP for the quarter to September was down by 0.2% compared to the quarter before, ending an 18-month run of quarterly growth. The fall in Swiss GDP follows a quarterly slowdown across the rest of Europe, in Germany in […]
Swiss fact: nearly 50% of Swiss GDP comes from 4 cantons
Switzerland is made up of 26 cantons – technically six are half cantons1 – each with its own distinct taxes, education system, hospitals and government. Land area varies significantly, from 37 sq/km Basel-Stadt to 7,105 sq/km Graubünden. Population is also highly varied, from tiny Appenzell Innerrhoden (16k) up to Zurich with nearly 1.5 million. Unsurprisingly, […]
Swiss market down, watch sector dented, expat rating slumps, Zurich, Actelion, Nestlé
25 September 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial markets news The Swiss Market Index extended losses this week as concerns that… Read more. Swiss economic news Swiss watch exports fall as Apple watch dents demand. Switzerland’s expat rating slumps… Read more. Swiss company news Zurich […]
Markets mixed, strong franc concerns, Nestlé, Sika and Credit Suisse
18 September 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial markets news Markets trend higher this week but look to give up gains on Friday after central banks again postpone rate changes… Read more. Swiss economic news The Swiss National Bank is still concerned about franc’s value […]
Swiss economic news
18 September 2015 Brought to you by Investec Switzerland. Swiss National Bank says franc still overvalued The Swiss National Bank kept interest rates at record lows and signaled the recent depreciation of the franc hasn’t diminished its willingness to intervene in currency markets if needed. The central bank, led by President Thomas Jordan, left its […]
Why it’s hard to be a working mum in Switzerland
It is never easy being a working mum. In some countries it is harder than in others. According to a recent Organisation for Economic Co-operation and Development (OECD) report, Switzerland has room for improvement. Firstly, the OECD suggests increasing the availability of childcare and reducing its cost. Childcare costs in Switzerland are high, even relative […]
