NEWS
Diem Association, Former Libra, Moving Out of Switzerland
14 May 2021The Diem Association, once named Libra, which is a fintech entity of Facebook and 25 other companies, will move its headquarters from Switzerland to US.
Talks on EU-Swiss Treaty Stalled Over Free Movement
11 May 2021Talks on a one deal between US and EU that would simplify bilateral relations got stuck over differences on interpretation on free movement.
Very Good Prospects for Swiss Economy, Labour Market
06 May 2021Swiss economy and labour market is showing great signs of recovery according to KOF indicators and record high PMI indicator.
EUR/CHF to Hit 1.15 Target by End of 2021, According to ING
27 April 2021ING predicts that by the end of the year EUR/CHF exchange rate will hit the target of 1.15. This week a break to 1.1120/1.1150 is foreseen.
IMF Praises Swiss Response to Pandemic, Gives Economic Growth Outlook
09 April 2021IMF has praised Swiss response to the COVID-19 pandemic, giving the country good marks. Also outlook for economic growth was provided. Still, some issues like environmental one, needs to be worked on.