|  NEWS

Economy

Housing shortage in Switzerland continues

Switzerland has seen a decline in the availability of rental apartments and homes, according to the latest figures from the Federal Statistical Office (FSO).

Economy

Pay gap between Switzerland’s highest and lowest-paid workers widens

The pay gap between the highest and lowest-paid workers in Switzerland increased in 2023, with top managers earning on average 143 times more than their lowest-paid employees, according to a study released by trade union, Unia on Monday.

Business

Switzerland introduces instant payments scheme

Switzerland has taken a significant step towards becoming a cashless society with the introduction of its instant payment system, according to a statement made by the Swiss National Bank (SNB) and financial infrastructure provider SIX on Wednesday.

Economy

Housing shortage in Switzerland continues

Switzerland has seen a decline in the availability of rental apartments and homes, according to the latest figures from the Federal Statistical Office (FSO).

Economy

Pay gap between Switzerland’s highest and lowest-paid workers widens

The pay gap between the highest and lowest-paid workers in Switzerland increased in 2023, with top managers earning on average 143 times more than their lowest-paid employees, according to a study released by trade union, Unia on Monday.

Business

Switzerland introduces instant payments scheme

Switzerland has taken a significant step towards becoming a cashless society with the introduction of its instant payment system, according to a statement made by the Swiss National Bank (SNB) and financial infrastructure provider SIX on Wednesday.

Markets

Swiss Franc’s rally sparks calls for SNB to take action

The surge in risk aversion that hit markets at the beginning of the week has accelerated the Swiss Franc's rally, countering expectations of additional rate cuts and prompting calls for the central bank

Economy

Swiss government discloses $4.7bn pension spending error

​​​​​​​The Swiss government revealed on Tuesday that it had overestimated pension spending by more than 4 billion Francs ($4.7 billion), which casts doubt on a proposed vote to raise the retirement age for women.

Economy

Swiss National Bank posts Q2 loss of 2bn CHF

The Swiss National Bank reported a loss of 2 billion Swiss francs ($2.27 billion) in Q2, attributed to the rising value of the Swiss Franc, which diminished gains from foreign currency investments,

Economy

“What we do is not boring,” says outgoing SNB chairman

Central banking is not dull, although being willing to accept that label might be crucial for success, according to comments from departing Swiss National Bank (SNB) Chairman Thomas Jordan on Saturday.

Economy

Swiss inflation under control, says SNB

President of the Swiss National Bank (SNB) Thomas Jordan has stated that officials are “relatively comfortable” with Switzerland’s inflation prospects, according to a Le Temps report.

Environment

Only a handful of Swiss locations impacted by overtourism

Switzerland does not have a problem with overtourism, according to the findings from a survey carried out by Switzerland Tourism in April and May.

Economy

SNB forecast to cut rates at this week’s meeting

The Swiss National Bank (SNB) is forecast to reduce its key policy rate by 25 basis points on 20th June for the second consecutive meeting, according to a Reuters poll of economists.

Environment

Swiss parliament disregards European court's climate ruling

 On Wednesday, the lower house of the Swiss parliament voted against a ruling that mandated Switzerland to intensify its efforts against global warming,

News from all categories

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deVere Switzerland’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Switzerland’s Head of Public Relations on [email protected] or call +44 2071220925