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Economics experts predict growth of almost 3 per cent

This content was published on Jun 30, 2000 The group of specialists, who form the Business Economists Consensus, was predicting in March that growth would be 2.39 per cent for the year as a whole. However, they believe that GDP growth will slow down next year to 2.35 per cent. The Consensus says that the strong export situation and domestic demand are supporting…

New directives to deal with dormant accounts

This content was published on Jun 30, 2000 They replace a set of directives issued by the Swiss Bankers Association in 1995 at a time when there was a huge debate about dormant accounts dating back to the Second World War era, particularly those belonging to Holocaust victims. The guidelines are aimed at preventing a situation in which the banks have to spend…

Government sets out sports policy

This content was published on Jun 29, 2000 The office has 14 working groups looking at essentials such as advanced training of sports teachers, and the promotion of young sporting talents. The director of the Federal Sports Office, Heinz Keller wants more local networking between sports clubs and schools, in order to discover and promote possible star sportsmen or women. Keller thinks sports…

Swiss vote scuppers efforts to close two nuclear reprocessing plants

This content was published on Jun 29, 2000 The vote was held by signatories of a convention on protecting marine life. Switzerland joined Britain, France, Germany and Finland in opposing the bid at a meeting of the 15 member states of the Ospar Convention for the Protection of the Marine Environment of the North-East Atlantic. The opposition deprived the proposal of the necessary…

St Gallen keeps on rockin’

This content was published on Jun 29, 2000 A huge deficit faced the festival’s organisers with bankruptcy, but a mixture of budget cuts and financial support from the local business sector have saved the event. And although the number of big names performing there will not as great as in previous years, an attractive programme has been put together, which includes Ziggy (son…

Switzerland 13th in UN human development report

This content was published on Jun 29, 2000 The UNDP’s Human Development Index published on Thursday compares quality of life in countries around the world in terms of education levels, life expectancy and real income. Switzerland’s 13th place ranking is one spot lower than in last year’s report, even though it is fourth in the world in terms of per capita income. Dora…

Global warming forecast spells bad news for the Alps

This content was published on Jun 29, 2000 The report by the Institute of Climate Studies and Geography at Berne University, says the Alps are extremely sensitive to any change in weather. In fact, it is estimated that a rise in temperature globally by between one and four degrees, will result in an increase of five degrees in the Alps. The author, Professor…

Novartis to transfer 1,250 staff

This content was published on Jun 29, 2000 Negotiations are currently taking place with the French groups Elyo and Videndi for the management of Novartis’s energy procurement and waste disposal operations. Talks are also being held with the Swiss-Swedish technology group ABB and Johnson Controls of the United States to take over Novartis’s technical services operation. In a statement, Novartis said that no…

Swisscom reaches agreement with staff

This content was published on Jun 29, 2000 The measures, which have yet to be negotiated in detail, aim to make the restructuring process in the group’s core domestic business as socially acceptable as possible. Swisscom announced plans in March to cut 6,000 jobs between 2001 and 2003. It has taken Swisscom and the staff associations six weeks to reach agreement on the…

Scana sells Belgian unit

This content was published on Jun 29, 2000 The shareholders of Scana Noliko International are two groups specialised in the area of risk capital (LRM and NesBic Investment Fund). Management of Scana Noliko will remain the same. No financial details were released on the deal. Scana Noliko manufacturers and distributes vegetables, oven-ready meals and jams, and is number one in its field in…

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Economics experts predict growth of almost 3 per cent

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New directives to deal with dormant accounts

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Government sets out sports policy

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Swiss vote scuppers efforts to close two nuclear reprocessing plants

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St Gallen keeps on rockin’

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Switzerland 13th in UN human development report

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Global warming forecast spells bad news for the Alps

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Novartis to transfer 1,250 staff

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Swisscom reaches agreement with staff

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Scana sells Belgian unit

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