Swiss Politics

More

Parliament grapples with spending cuts

This content was published on Sep 17, 2003 Parliamentarians are divided on the issue: some say the cuts are too severe, while others argue that they don’t go far enough. Switzerland’s national debt currently stands at SFr120 billion and the government expects this to grow by SFr3 billion a year. To stem the losses, the government has drafted a radical savings plan –…