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Franc strengthens on ECB rate cut

This content was published on Dec 5, 2002 The Swiss National Bank (SNB) is not expected to follow suit as Swiss interest rates are already at historically low levels. Analysts say that in any case a rate cut would have little effect on the strong Swiss franc – which is bolstered by the currency’s safe haven status. Currency markets in Switzerland were quick…

Capital ideas, made in Bern

This content was published on Dec 5, 2002 Einstein couldn’t keep still. He changed Bern residences on average once a year during the seven years he lived in the Swiss capital. The Einstein House at Kramgasse 49 in Bern’s well-preserved old town is where he lived from 1903 to 1905. It is a small museum and memorial to the physicist who has been…

Following the cheese trail to the Emmental

This content was published on Dec 5, 2002 That was the message at a recent tourism meeting in the Emmental where guests were told to make better use of the world-famous cheese to market the region as a travel destination. The meeting drew a large crowd to the village of Signau to discuss the state of Emmental’s tourist industry. The largely agricultural region…

Banks ordered to split research and banking

This content was published on Dec 4, 2002 The Swiss Bankers Association (SBA), which issued proposed new regulations on Wednesday, said the measures were designed to ensure that financial analysis remained “independent and credible”. The SBA says the rules been drafted to international standards and are aimed at protecting investors. “The main purpose of the guidelines is to reduce and eliminate the possibilities…

Swiss lean towards tobacco advertising ban

This content was published on Dec 3, 2002 However, the Federal Health Office admitted that it would be several years before Bern came close to matching the scale of the EU’s ban, announced on Monday. The office made the comments to swissinfo following a decision by EU health ministers to extend a ban on tobacco advertising to radio, newspapers and the Internet. As…

EU ministers fail to agree on Swiss tax deal

This content was published on Dec 3, 2002 They want Switzerland to ease banking secrecy to allow the taxation of EU citizens’ savings income in Swiss banks. EU finance ministers meeting in Brussels on Tuesday agreed to hold further talks next week to try and hammer out a deal on proposals to clamp down on tax evasion. Switzerland said it was ready to…

Swiss count cost of isolation

This content was published on Dec 3, 2002 Supporters of closer integration with Europe claim that by rejecting membership, the Swiss economy was left lagging behind many of its competitors. In an interview with the weekly “NZZ am Sonntag”, the Swiss foreign minister, Joseph Deiss, said Switzerland had chosen a “slow and difficult path” when it voted against joining the EEA. “Joining the…

Christmas shopping reaches new heights

This content was published on Dec 3, 2002 The highest Christmas market in Europe is held on its summit, more than 2,000 metres above sea level. It is also the first Christmas market of the season in Switzerland. The dragons have long been tamed and Pilate’s spirit put to rest. In their place come tens of thousands of tourists who ascend the heights…

Wireless network launches amid security concerns

This content was published on Dec 2, 2002 The “hotspots” include train stations, hotels, exhibition and congress centres but fears have already been expressed about security. Swisscom Mobile, which is providing the network, hopes to increase the number of locations to 250 by the end of 2003. A private telecoms company, based in Zurich, already offers wireless technology at Zurich airport and in…

Swiss entrepreneurship: stark contradictions

This content was published on Dec 2, 2002 Switzerland has a “total entrepreneurial activity” of 7.13 per cent, near the Organisation for Economic Cooperation and Development average of 7.15 per cent. A recently-released report produced by a team of researchers from HEC Lausanne, the Institute of Management Development (IMD) and the Swiss Research Institute for Small Business and Entrepreneurship of St Gallen (IGW)…

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Cluster: Archive

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Franc strengthens on ECB rate cut

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Capital ideas, made in Bern

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Following the cheese trail to the Emmental

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Banks ordered to split research and banking

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Swiss lean towards tobacco advertising ban

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EU ministers fail to agree on Swiss tax deal

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Swiss count cost of isolation

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Christmas shopping reaches new heights

More

Wireless network launches amid security concerns

More

Swiss entrepreneurship: stark contradictions

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