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Swiss Senate renounces spending cuts

The Swiss Senate has voted unanimously to abandon proposed budget spending cuts to the tune of some SFr280 million ($310 million).

The move is in line with a January cabinet decision made in light of an unexpected windfall in the federal finances which posted an SFr2.8 billion surplus in 2010.

The House of Representatives has yet to vote on the initiative.

The proposed cuts covered some 50 programme areas including the army, public transport and public media services, including swissinfo.ch.

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SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR