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Why Is Cost of Living So High in Switzerland?

Why Is Cost of Living So High in Switzerland?

July 12, 2021

Three Swiss cities, Zurich, Geneva and Bern, are constantly being listed among the most expensive places to live in the world. What are the reasons for that?

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Swiss Federal Budget for 2022 to Close with Surplus

Swiss Federal Budget for 2022 to Close with Surplus

July 06, 2021

Swiss federal government announced budget for 2022, which will close with a structural surplus of 0.6 billion Swiss francs.

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SNB:No Change in Policy, No Plans for Digital Currency

SNB:No Change in Policy, No Plans for Digital Currency

June 29, 2021

The Swiss National Bank has not yet started to reduce its balance sheet, as it claims its expansive monetary policy is necessary. Also, no plans for implementing digital currency are on cards.

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IMF Says Switzerland Did Well During Pandemic

IMF Says Switzerland Did Well During Pandemic

June 23, 2021

The International Monetary Fund (IMF) has stated that Switzerland managed the pandemic crisis very well with monetary policy and economic support measures.

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SNB Revises Inflation Forecast Upward; Has No Plans to Change its Policy

SNB Revises Inflation Forecast Upward; Has No Plans to Change its Policy

June 17, 2021

The SNB has revised upward inflation forecast for 2021, but has no plans to change its monetary policy. Negative interest rates will stay for now.

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