Swiss GDP to Suffer Worst Slump Since 197524 April 2020
Swiss authorities predict now that the GDP will fell down by 6.7% in 2020, the biggest slump since 1975, due to the coronavirus pandemic.
Coronacrisis Have Huge Impact on Fintech Industry22 April 2020
The coronavirus pandemic have huge impact on Swiss fintech industry with many startups struggling to survive in times of lockdown.
What Will SNB Do – Is Rates Cut on Cards?17 April 2020
Some experts predict the Swiss National Bank will further cut rates soon as the bond market provided a signal that previously triggered the institution’s action. Other argue though the SNB will wait for effects of its policy before any next decision.
Swiss Cities Still One of Most Expensive in the Word15 April 2020
Zurich and Geneva are still among the most expensive cities in the world. They are again high in the ranking, but both slid a bit comparing to last year. The effect of the coronavirus pandemic is not yet reflected on the list.
Unemployment Rate to Rise Due to Pandemic10 April 2020
Unemployment rate in Switzerland is already rising due to the coronavirus pandemic that put country on the lockdown and caused troubles to many businesses.