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Health premium rise is lower than expected

This content was published on Sep 28, 2004 The government says the increase will range between 2.3 per cent and 5.3 per cent, depending on age and where the policyholder lives. Health insurance in Switzerland is mandatory and no one can be denied basic insurance cover. The hike announced on Tuesday by the Federal Health Office comes in below the 4.3-per cent increase…

Survey shows drop in support for banking secrecy

This content was published on Sep 27, 2004 The study also showed that a majority of Swiss don’t know the size of the national debt – but still have clear ideas about how to reduce it. The survey by the Swiss finance ministry found that 51 per cent of those questioned favoured maintaining banking secrecy in its present form, compared with 57 per…

Swiss cinemas cry foul over DVD imports

This content was published on Sep 27, 2004 The film industry, which argues that the practice is illegal, says it will not hesitate to take offenders to court. According to ProCinema, the umbrella organisation of Swiss cinema operators and film distributors, ticket sales fell by SFr22 million ($17 million) last year to SFr240 million. Roger Chevallaz, a lawyer representing the interests of the…

Experts consider how to transform war economies

This content was published on Sep 25, 2004 Swiss and international experts agreed that the problem could only be tackled by creating political and economic stability in the countries concerned, and involving grassroots and international actors. Participants considered the example of Afghanistan where the transformation of the economy is proceeding slowly after 20 years of war. The one-day event was organised by the…

Monster mushroom spans 100 football fields

This content was published on Sep 25, 2004 Scientists said on Friday the fungus was about 1,000 years old and measured 800 by 500 metres, the equivalent of 100 football fields. A detailed survey revealed that the fungus was a single mushroom, mostly concealed underground. It was found near the Ofenpass in the mountainous southeastern canton of Graubunden. “The majority of the fungus…

Swiss secures agreement with banks for extra cash

This content was published on Sep 24, 2004 But Swiss said several third parties still needed to give their consent before the deal could be finalised. The airline, which has warned it will likely make an operating loss this year, has been negotiating with a consortium of Swiss and international banks for well over a year. “We are very pleased that we have…

Swiss secures multimillion-franc credit facility

This content was published on Sep 24, 2004 The closure of the deal brings to an end months of negotiations with an international banking syndicate. The airline, which has warned it will likely make an operating loss this year, had been negotiating with a consortium of Swiss and international banks for well over a year. “We are pleased to have concluded this definitive…

Government moves to help Swiss exporters

This content was published on Sep 24, 2004 Under the plans, exporters would be able to cover their risks on orders from private companies. At present, they can only do so on orders from state-owned enterprises. Friday’s move is part of efforts aimed at a total revision of Switzerland’s Export Risk Guarantee law, which dates back to 1958. The government-run Export Risk Guarantee…

Geneva and Rome win seat of chemicals treaty

This content was published on Sep 24, 2004 The German city of Bonn, which was also a candidate, lost the vote on Friday at the end of a five-day conference, chaired by the Swiss environment agency, in Geneva. “This decision is very positive as it means the Convention will be able to work with the other international conventions and organisations based in Geneva,”…

Swisscom moves to bolster multimedia services

This content was published on Sep 24, 2004 The company announced on Friday that it would buy a 49 per cent stake in Swiss media content firm Cinetrade for an undisclosed price. The deal, which is subject to regulatory approval, gives Swisscom access to much-needed content and distribution channels. It also comes shortly after the company unveiled plans to pipe television signals into…

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Health premium rise is lower than expected

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Survey shows drop in support for banking secrecy

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Swiss cinemas cry foul over DVD imports

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Experts consider how to transform war economies

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Monster mushroom spans 100 football fields

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Swiss secures agreement with banks for extra cash

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Swiss secures multimillion-franc credit facility

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Government moves to help Swiss exporters

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Geneva and Rome win seat of chemicals treaty

More

Swisscom moves to bolster multimedia services

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