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Barroso warns of dismissing free movement

This content was published on Nov 10, 2013 In an interview with the NZZ am Sonntag, Barroso said Switzerland currently enjoyed privileges never previously afforded to a third state. The free movement of people is set to be a source of much discussion in Switzerland over the next couple of years. At the beginning of 2014, voters will have their say on the…

UBS buys back StabFund

This content was published on Nov 8, 2013 The rescue of UBS and the winding up of the StabFund ends a painful chapter in the history of the Swiss financial sector. It has left the SNB with a total $5.4 billion windfall from the bailout, also taking into account $1.6 billion interest payments made from the StabFund. The StabFund absorbed $38.7 billion of…

Switzerland still tops financial secrecy index

This content was published on Nov 7, 2013 Switzerland’s retains a “fully deserved top place” because the recent concessions on financial secrecy, particularly those to the US, only “pierce Swiss secrecy in narrow, limited ways”, says the report. Several countries have turned up the heat on Switzerland on issues related to tax evasion and banking secrecy in recent years. The United States have…

Turning biogas into electricity

This content was published on Nov 6, 2013 The four promoters – Oskar Schneuwly, Oswald Bäriswyl, Markus Jungo and Hubert Grossrieder – all run their own farms outside Fribourg. They joined forces to open the biogas power plant last year. It uses manure and liquid sewage from 30 farms in the region. The gas produces 2.2 GW of electricity per year which is…

Wage initiative could affect sports clubs

This content was published on Nov 6, 2013 Researchers from the KOF Swiss Economic Institute at the Federal Institute of Technology in Zurich (ETHZ) say the potential changes to salary hierarchies within companies could have an impact on athletes, such as high-profile footballers or ice hockey players. An analysis of wage data from the Federal Statistics Office showed that 40-50 people working in…

Swiss ‘could do better’ regarding English skills

This content was published on Nov 5, 2013 The English Proficiency Index is based on tests with 750,000 adult volunteers in 60 countries conducted last year over the internet by the private education company Education First. The poll shows that participants in the majority German-speaking part of Switzerland and urban regions in general were above the European average. However, similar to a previous…

Canton Jura to vote on its future again

This content was published on Nov 5, 2013 The vote should put an end to the most important territorial conflict in post-war Switzerland. And whatever the result, it is proof of the strength of the federal state and of the system of direct democracy. “I don’t know if the Jura question really will be solved this time once and for all,“ says Dick…

Vote to reunite the Jura fails to inspire

This content was published on Nov 5, 2013 The passions have died down, and the two sides are talking to each other, but as swissinfo.ch discovered, no one really expects the three southern districts to join canton Jura. Moutier, a normal Tuesday in October. It’s 12.30pm and the centre of town is practically deserted. The cold, grey weather does little to encourage a…

Traders collude in oil corruption, says Swiss NGO

This content was published on Nov 4, 2013 “Every year Nigerian state coffers lose billions of dollars as large volumes of oil are exported for well below market price and the subsidy scheme for imports of refined crude oil products is systematically defrauded,” the Berne Declaration said in a press release on Monday detailing its report. “Ongoing investigations by the Nigerian authorities show…

Review clears Zurich Insurance in CFO’s suicide

This content was published on Nov 4, 2013 A review overseen by the Swiss Financial Market Supervisory Authority (FINMA) into the company’s role in Wauthier’s suicide found that he was not subjected to “undue pressure” at work and that Zurich’s management was not at fault. Circumstances surrounding the 53-year-old’s death had suggested otherwise. In a typed suicide note, Wauthier reportedly blamed Ackermann for…

Internal: Archive

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Internal: Archive

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Barroso warns of dismissing free movement

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UBS buys back StabFund

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Switzerland still tops financial secrecy index

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Turning biogas into electricity

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Wage initiative could affect sports clubs

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Swiss ‘could do better’ regarding English skills

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Canton Jura to vote on its future again

More

Vote to reunite the Jura fails to inspire

More

Traders collude in oil corruption, says Swiss NGO

More

Review clears Zurich Insurance in CFO’s suicide

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