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GDP growth slows in first quarter

This content was published on May 31, 2011 This figure, published by the State Secretariat for Economic Affairs (Seco) on Tuesday, is less than the 0.8 per cent increase seen in the previous quarter. However, looking further back, GDP growth was still 2.4 per cent up on the first quarter of 2010. According to Seco, positive growth was generated by the trade balance,…

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Immigration debate focuses on job market

This content was published on May 30, 2011 While some politicians are calling for it to be thrown out so the country can regain its freedom of manoeuvre, unions are demanding better wage protection and warning there will not be enough staff in some sectors in the years to come. Since the free movement accord became effective in 2002, the equivalent of more…

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Strong franc threatens homespun manufacturing

This content was published on May 29, 2011 Renewed fears that Greece might default on its debts has sparked a fresh wave of euro weakening while the dollar continues to trade way below parity against the franc. A single euro cost just under SFr1.22 on May 27 and the dollar just SFr0.85. Swiss exporters are used to the safe haven franc gaining in…

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More cash needed to boost Swiss exports

This content was published on May 27, 2011 Ever more small and medium sized enterprises (SMEs) are seeking help from the Osec Business Network Switzerland to tap into foreign markets, but the agency receives less cash than its foreign competitors. Rolf Jeker, who handed over the presidency to former Justice Minister Ruth Metzler on Friday, complained that Osec’s annual SFr17 million budget ($19.8…

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Unions call for end to salary inequalities

This content was published on May 27, 2011 The Swiss Trade Union Federation called on companies to respect the law in a statement on Friday. In the machine industry women earn 14.2 per cent less than men, 11 per cent less in retail, 12.8 per cent in banks and 8.7 per cent in insurance, according to the Federation. If salaries are not adjusted,…

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Power firms buy wind farms abroad

This content was published on May 27, 2011 A statement from the company on Friday said the farms had 88 turbines and provided enough electricity annually to power 80,000 households. It added this would make EOS Holding one of Switzerland’s leading generators of wind power. Also on Friday, BKW Energy of Bern announced it had acquired another two wind farms in Italy from…

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Looking back on 40 years of energy production

This content was published on May 26, 2011

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Free movement continues to benefit economy

This content was published on May 26, 2011 In a new evaluation of the agreement with the European Union to open labour markets, the State Secretariat for Economic Affairs (Seco) said the negative effects of immigration on local workers were “very limited”. The agreement on the free movement of people between Switzerland and the EU entered into force on June 1, 2002. Initially…

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Shareholders take Logitech to court

This content was published on May 25, 2011 According to the law firm Robbins Geller several shareholders allege that Logitech has failed to disclose information on the company’s true financial situation since the end of 2010. They said positive statements emanating from Logitech were not supported by facts or figures. Robbins Geller said the allegations included charges that the company’s distributors were overstocked…

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Dogs as a help in reducing hyperactivity, shyness and stress in primary schoolchildren

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GDP growth slows in first quarter

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Immigration debate focuses on job market

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Strong franc threatens homespun manufacturing

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More cash needed to boost Swiss exports

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Unions call for end to salary inequalities

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Power firms buy wind farms abroad

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Looking back on 40 years of energy production

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Free movement continues to benefit economy

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Shareholders take Logitech to court

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