Internal: Archive

Swiss banks welcome EU deal

This content was published on Jan 22, 2003 The Swiss Bankers Association (SBA) said it was pleased the EU had accepted that a withholding tax was an “equivalent measure to an exchange of information”. “The European Union appears to have returned to the so-called coexistence model under which member states are allowed to choose between exchanging information and imposing a withholding tax,” spokesman,…

Gene flow comes under scrutiny

This content was published on Jan 22, 2003 They will present the latest research on gene flow and discuss its environmental and evolutionary impact. Among the participants is Klaus Ammann, director of the botanical garden of Bern University. In 2002, genetically modified plants were grown on more than 58 million hectares worldwide, an area bigger than Germany, the Netherlands and Belgium combined. The…

Pressure to remain on Swiss over banking secrecy

This content was published on Jan 22, 2003 But it is generally accepted that the deal falls short of what the European Union set out to achieve and that the issue is far from dead. The Neue Zürcher Zeitung described the deal as a success but also attacked the EU for dithering for too long. It said Brussels had wasted years trying to…

Sledging and skating into the unknown

This content was published on Jan 22, 2003 However, anyone wishing to get off the beaten track will find a region waiting to be discovered. And the best way to do so is by sledge or on ice skates. Since the Albula Pass road is closed in winter, only tourists who choose to travel by train from Zurich to St Moritz catch a…

EU gives way on banking secrecy – for now

This content was published on Jan 21, 2003 Brussels had been trying to force countries to share information about savings income to combat tax evasion, but EU finance ministers on Tuesday agreed to exempt certain states. Under the deal, Switzerland and three EU countries would be able to levy a withholding tax on EU citizens’ savings in their banks instead of exchanging information…

CS announces record loss

This content was published on Jan 21, 2003 Switzerland’s second-largest bank is facing difficulties in the United States. But its Winterthur insurance arm has finally returned to profit. Analysts said the worst was thought to be over for the embattled group, which says it expects to turn a profit this year. CS reported it was putting aside an extra SFr702 million for legal…

E-voting brings new potential to Swiss elections

This content was published on Jan 20, 2003 But the vote has raised several questions about the future of democratic elections in Switzerland. In particular, there are fears about the potential security risks of using the Internet to register a confidential vote. According to the authorities, a computer hacker working by trial and error has a one in five billion chance of getting…

Swiss talks address failure of former Soviet states

This content was published on Jan 20, 2003 The Swiss finance minister, Kaspar Villiger, is to open the two-day meeting in Lucerne with an appeal for better cooperation among those states. Villiger is expected to urge the CIS-7 (Commonwealth of Independent States) to open their borders to the goods and services of their neighbours, despite the sometimes deep political differences among them. The…

Investors turn their backs on BZ Bank

This content was published on Jan 20, 2003 The Bank reported it had lost SFr26 billion of client funds as investors pulled out 90 per cent of the funds held in custody accounts. Once hailed as the champion of the small investor, Ebner has seen his financial empire crumble over the past two years as a result of the global bear market. BZ…

Playing games pays for Swiss start-up

This content was published on Jan 20, 2003 Rather, they have been selling a neural networking-based software package they created that helps players improve their skills. SnowieGroup is a two-man company based in Morges that Egger formed with German-born Levermann after they met at a backgammon tournament five years ago to sell their creation, called Snowie. “Snowie has changed backgammon tournaments irrevocably,” says…

Internal: Archive

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Internal: Archive

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Swiss banks welcome EU deal

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Gene flow comes under scrutiny

More

Pressure to remain on Swiss over banking secrecy

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Sledging and skating into the unknown

More

EU gives way on banking secrecy – for now

More

CS announces record loss

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E-voting brings new potential to Swiss elections

More

Swiss talks address failure of former Soviet states

More

Investors turn their backs on BZ Bank

More

Playing games pays for Swiss start-up

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