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NEWS
Swiss Economy to Contract in Q1 2021; KOF Down in Jan.

Swiss Economy to Contract in Q1 2021; KOF Down in Jan.

29 January 2021

The Swiss economy is expected to shrink for Q1 2021, with recovery foreseen from Q2. KOF Economic Barometer in January dropped significantly.

Cross-border Workers in Switzerland and Vaccination Programme

Cross-border Workers in Switzerland and Vaccination Programme

26 January 2021

Cross-border workers are very important for Swiss economy and labour market, with estimated 325,000 people commuting to work from neighbouring countries. Can they get vaccines for COVID-19 in Switzerland?

 

SNB to Report CHF21 Billion of Profit for 2020

SNB to Report CHF21 Billion of Profit for 2020

19 January 2021

                The Swiss National Bank (SNB) has informed that its expected profit for 2020 is at CHF21 billion, due to rising stock prices that triggered higher value of its investments in foreign currencies.

Switzerland Goes into Semi-Lockdown, Govt to Ask for More Money

Switzerland Goes into Semi-Lockdown, Govt to Ask for More Money

14 January 2021

Switzerland has imposed new restrictions to avoid third wave of COVID-19 cases. The government will have to ask parliament for money to cover costs.

Swiss Economy Can Grow by 4% in 2021, 2022, Says Govt Chief Economist

Swiss Economy Can Grow by 4% in 2021, 2022, Says Govt Chief Economist

13 January 2021

The Swiss economy can recover this year and report even 4% of growth for 2021 and 2022, a double of its usual rate, according to the Swiss government chief economist.

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