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Pressure mounts over “abortion premiums”

This content was published on Jun 16, 2006 Josef Zisyadis says the practice goes against the spirit of the country’s mandatory health insurance system, which he says should be equal for everyone. For a number of years members of Switzerland’s 40,000-strong Pro Life organisation have benefited from a preferential deal on cover over and above the basic mandatory insurance. Currently two health insurers…

Central bank warns of further rate rises

This content was published on Jun 15, 2006 But Hildebrand says he is confident that any further tightening of monetary policy will not choke an expanding Swiss economy. At a news conference in Geneva, the SNB announced it was increasing its target for the three-month Libor rate by a quarter of a percentage point to 1.5 per cent. The central bank also said…

Young employees may work more shifts

This content was published on Jun 15, 2006 The House of Representatives voted on Thursday by 100 votes to 72 to change the industrial law, thus ending a debate which was basically between unions and employers. Unions and left-wing politicians had fought for the age of legal protection for employees and apprentices to remain at 19 and 20 respectively and for those workers…

Art boom

This content was published on Jun 15, 2006

National Bank lifts key rate as economy surges

This content was published on Jun 15, 2006 The bank said on Thursday it had increased its target for the key three-month Libor rate to 1.5 per cent – the highest rate since December 2001. It added that further rises were in the offing. The move had been widely expected and follows similar steps by banks around the world, including the European Central…

Women demand equal pay for equal work

This content was published on Jun 14, 2006 A number of activities to mark “equal pay day” have been taking place to highlight that women are paid on average 20 per cent less than men for the same job, including protest actions and discussions. The nationwide campaign – which is being supported by the unions – is distributing cards shaped like 50-franc notes,…

Bike to work

This content was published on Jun 14, 2006

French insurer AXA swoops on Winterthur

This content was published on Jun 14, 2006 Switzerland’s second-largest bank, which had been seeking a buyer for two years, said proceeds from the sale could be reinvested in acquisitions, joint ventures in investment and private banking, and asset management. Under the terms of the deal, which is subject to regulatory clearance and expected to close at the end of the year, AXA…

Swiss economy shows “spark”

This content was published on Jun 13, 2006 On Wednesday UBS raised its growth forecast from 2.3 to three per cent – a day after Credit Suisse hiked its GDP prediction from 2.1 to 2.8 per cent. The International Monetary Fund (IMF) also said on Tuesday that “the Swiss economy is showing some spark” and forecast growth in 2006 of more than two…

Read more: Swiss economy shows “spark”

Gotthard closure squeezes Ticino economy

This content was published on Jun 13, 2006 The last time the route was shut, for two months in 2001, the canton’s economy lost an estimated SFr33 million ($26.8 million). Losses this time are likely to be smaller, but still significant. Rock falls on May 31 on the motorway leading to the Gotthard tunnel forced the temporary closure of the route, and it…

Internal: Archive

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Internal: Archive

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Pressure mounts over “abortion premiums”

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Central bank warns of further rate rises

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Young employees may work more shifts

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Art boom

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National Bank lifts key rate as economy surges

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Women demand equal pay for equal work

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Bike to work

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French insurer AXA swoops on Winterthur

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Swiss economy shows “spark”

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Gotthard closure squeezes Ticino economy

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