Banking & Fintech

Swiss economy is on the up but jobs are down

This content was published on Oct 5, 1999 Third-quarter performance of Swiss industry confirms that the economy is on a solid upswing, but many companies continue to reduce their staff, according to a poll by the Swiss-based banking giant UBS. The newly-released report is based on a poll of 300 companies in all major industrial sectors. All companies questioned said they expect a…

Switzerland tries to overcome shortage of computer technology experts

This content was published on Oct 5, 1999

EU clears Bally’s takeover by Texas Pacific

This content was published on Oct 4, 1999 (AP) — The European Commission on Monday cleared the acquisition of Switzerland’s exclusive Bally shoemaker by the United States-based Texas Pacific Group after finding the operation did not raise competition concerns in the European Union. “Bally is a well-known manufacturer of high-fashion items such as clothes, shoes and accessories, but TPG has no activities in…

Expo.01: A chronology of a crisis

This content was published on Oct 4, 1999 The national exhibition was originally planned to mark the 150th anniversary of the Swiss confederation in 1998. But in 1994, the government decided to stage a separate exhibition, Expo.01, which was to open in 2001. The following are some key developments of the project: June 1995 — The government picks its favourite project among three…

Government decides one-year delay of Expo.01

This content was published on Oct 4, 1999 The Swiss government has come out in favour of delaying the controversial national exhibition by one year to take place in 2002. The cabinet also pledges to contribute more money if Swiss industry matches the government’s contribution. Economics Minister Pascal Couchepin (above) made the announcement in parliament on Monday, putting an end to months of…

Swiss e-banking: a click away from the tax authorities?

This content was published on Oct 4, 1999

The main news stories in Switzerland this week

This content was published on Oct 1, 1999

Report finds Switzerland too cautious over apartheid-era sanctions

This content was published on Oct 1, 1999 A new government report analysing Switzerland’s relations with South Africa during the apartheid years concludes that, with hindsight, Switzerland’s decision not to apply sanctions had been too cautious. The newly-released report was compiled by an interdepartmental group, which sifted available documents in the various ministries but did not consult archives or interview persons concerned. The…

Poll: Swiss key export industries optimistic about euro

This content was published on Oct 1, 1999 The Swiss machine, metal and electrical industries are increasingly doing business in the new euro currency, and the vast majority of the companies involved believe that the euro business will continue to increase in the future. These are the main findings of a poll of 276 members of SWISSMEM, the newly restructured Swiss Association of…

Inflation reaches new high but economists remain optimistic

This content was published on Sep 30, 1999 Switzerland’s inflation rate hit a 44-month high with 1.2 percent in September, but economic experts remained optimistic about the overall performance of the Swiss economy. The Federal Statistics Office said Thursday that September saw the inflation rate pass the 1 percent threshold for the first time since January 1996. The office said the reason for…

Banking & Fintech

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Banking & Fintech

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Swiss economy is on the up but jobs are down

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Switzerland tries to overcome shortage of computer technology experts

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EU clears Bally’s takeover by Texas Pacific

More

Expo.01: A chronology of a crisis

More

Government decides one-year delay of Expo.01

More

Swiss e-banking: a click away from the tax authorities?

More

The main news stories in Switzerland this week

More

Report finds Switzerland too cautious over apartheid-era sanctions

More

Poll: Swiss key export industries optimistic about euro

More

Inflation reaches new high but economists remain optimistic

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