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Saint-Gobain receives antitrust approvals for Sika deal

This content was published on Dec 7, 2015 “It is perfectly in line with the other unconditional approvals that Saint-Gobain has already received for this acquisition, including those coming from Switzerland and the European Commission,” said a company statement. Saint-Gobain argues that there is no competition with Sika over the production of mortars and hence no conflict of interest in the deal. But…

Swiss hotels fail to make hay while sun was shining

This content was published on Dec 7, 2015 The Swiss hotel industry booked 20 million overnight stays from May to October 2015, a decrease of 0.7% (-142,000 overnight stays). Foreign hotel guests accounted for 11.3 million overnight stays, down 0.8% on summer 2014 (-94,000 overnight stays). Domestic visitors registered 8.7 million overnight stays, i.e. a decline of 0.5% (-48,000 overnight stays). These figures…

Switzerland to participate in G20 finance meetings

This content was published on Dec 2, 2015 “The Chinese authorities, who assumed the G20 presidency on December 1, sent Finance Minister Eveline Widmer-Schlumpf an invitation,” SIF reported. “Switzerland will also participate actively in the corresponding working groups and preparatory meetings.” The Group of Twenty (G20) is an international forum for the governments and central bank governors from 20 major economies. SIF said…

Senate vote lays groundwork to end banking secrecy

This content was published on Dec 2, 2015 The decision paves the way for a “decorous funeral for tax secrecy,” as senator Roberto Zanetti of the leftwing Social Democrats put it, encouraging acceptance of that fact “with neither loud lamentations nor loud hurrahs”. On Wednesday, the Senate followed his advice by accepting the framework for automatic data transfer without further debate, with only…

Swiss confidence in government high as other worries persist

This content was published on Dec 2, 2015 According to the 2015 Worry Barometer survey from Credit Suisse, people in Switzerland also feel that neutrality is their country’s main identifying feature and express more national pride than in previous years. However, in general, this year’s results have remained fairly consistent with earlier editions of the survey. Unemployment has been a key concern for…

A good citizen is created ‘at home and in the classroom’

This content was published on Dec 2, 2015 Public affairs professor Daniel Schugurensky says Switzerland is a perfect example of how ordinary citizens can make good decisions.

OECD outlines Swiss economic challenges

This content was published on Dec 1, 2015 The OECD warns Switzerland to ease up on its current property buying spree that has been fuelled by low interest rates.

‘Sovereign money’ initiative handed in

This content was published on Dec 1, 2015 Voters are set to have the final say on a proposal by a group of activists to reform Swiss monetary policy and to grant the Swiss National Bank (SNB) the exclusive power to create new money.

Solar Impulse secures funding to continue journey

This content was published on Nov 30, 2015 According to Borschberg, who spoke at the United Nations climate summit in Paris, the latest round of sponsors includes chemical maker Solvay, Swiss lift maker Schindler, power grid maker ABB and Swatch’s Omega brand. “The financial side is under control,” Borschberg, a former Swiss Air Force fighter pilot and co-founder of Solar Impulse, told Reuters.…

Swiss village votes down hardline anti-asylum plan

This content was published on Nov 30, 2015 On Friday, voters in Oberwil-Lieli, 15km west of Zurich, rejected a proposal to pay a CHF290,000 ($280,000) charge instead of taking in asylum seekers. The community will instead accept six migrants following a protest and a feisty citizens’ assembly. Andreas Glarner, local mayor and a newly-elected to the national parliament as a representative of the…

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Saint-Gobain receives antitrust approvals for Sika deal

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Swiss hotels fail to make hay while sun was shining

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Switzerland to participate in G20 finance meetings

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Senate vote lays groundwork to end banking secrecy

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Swiss confidence in government high as other worries persist

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A good citizen is created ‘at home and in the classroom’

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OECD outlines Swiss economic challenges

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‘Sovereign money’ initiative handed in

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Solar Impulse secures funding to continue journey

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Swiss village votes down hardline anti-asylum plan

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