Archive – Banking & Fintech

Exports fuel Swiss economic growth

This content was published on Nov 26, 2004 While the global economy remained sluggish, growth in the export sector fuelled a 0.4 per cent rise in Switzerland’s gross domestic product (GDP). The State Secretariat for Economic Affairs (Seco) said on Friday that exports of goods rose by one per cent from July to September, while imports increased by 2.5 per cent. “Economic expansion…

Government stands by growth targets

This content was published on Nov 26, 2004 The forecast comes despite concerns that rising oil prices could have a negative impact on economic expansion. The State Secretariat for Economic Affairs (Seco) said in its latest forecast on Friday that recovery in Switzerland would gain momentum next year. “We remain confident that after three years of stagnation the modest recovery will strengthen,” said…

Farmers expect worse to come

This content was published on Nov 25, 2004 But the farmers’ union says its members are having a tough time and that they need more help to cope with falling prices and the removal of government supports. Presenting its report on Thursday, the Federal Agriculture Office said the situation for farmers had remained stable during the period from 1999 to 2003. This was…

Railway fails to win over heavy goods traffic

This content was published on Nov 25, 2004 It appears unlikely that a government target to reduce traffic on alpine routes to 650,000 vehicles a year by 2009 will be met. The report, published on Thursday, found that the number of lorries in transit across the Alps fell by eight per cent between 2000 and 2003. Last year almost 1.3 million trucks crossed…

Insurer steers clear of Balkan drivers

This content was published on Nov 24, 2004 Swiss Mobiliar said the measure was justified because of the large number of road accidents involving drivers from these regions. “Our statistics show clearly that young drivers from eastern Europe and the Balkans cause up to three times more damage with their cars than the Swiss,” said Gaspare Nadig, a senior manager at Swiss Mobiliar.…

Switzerland to open up domestic labour market

This content was published on Nov 24, 2004 Teachers, health workers, architects and hoteliers would be the main beneficiaries. The economics minister, Joseph Deiss, said the draft law was not aimed at stripping the country’s 26 different cantons of their traditional rights. However, he said it was essential for a small nation like Switzerland to remove hurdles in an effort to improve the…

Pizza Hut Switzerland runs out of dough

This content was published on Nov 24, 2004 The company, a franchise of the world’s biggest pizza chain and present in the country for 16 years, was declared bankrupt after it failed to attract new investors. Branches in Geneva, Lausanne, Zurich and Basel will cease trading later this week. The chain’s Swiss operations were placed in receivership following the intervention of the Geneva…

Strike at Swissmetal moves into second week

This content was published on Nov 23, 2004 Workers and factory managers in Reconvilier, angered by restructuring plans, are calling for the head of CEO Martin Hellweg. On Tuesday Elisabeth Zölch, the head of canton Bern’s economics department, held separate meetings with both sides in an attempt to break the deadlock. Tuesday marked the eighth day of the strike at the group, which…

Railway boss confident about major reform

This content was published on Nov 23, 2004 Benedikt Weibel told swissinfo that the change – the biggest shake-up in many years – was a major step towards attracting more travellers onto public transport. The winter timetable sets down new departure times for 90 per cent of trains in Switzerland and forms part of the first phase of the Rail 2000 project. Weibel…

Drivers told “one glass is enough”

This content was published on Nov 23, 2004 Drivers are being told that the new 0.5 milligrams per millilitre limit equals one glass of wine or other alcoholic beverage, and that they may not exceed that level. The Swiss Federal Health Office and Swiss Council for Accident Prevention hope that by reducing the limit from 0.8 milligrams to 0.5, hundreds of road traffic…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Exports fuel Swiss economic growth

More

Government stands by growth targets

More

Farmers expect worse to come

More

Railway fails to win over heavy goods traffic

More

Insurer steers clear of Balkan drivers

More

Switzerland to open up domestic labour market

More

Pizza Hut Switzerland runs out of dough

More

Strike at Swissmetal moves into second week

More

Railway boss confident about major reform

More

Drivers told “one glass is enough”

Popular Stories

Most Discussed