This week, the government of the canton of Geneva changed a law to require non residential buildings, with some exceptions, to switch off their lights at night between 1am and 6am. Thursday’s parliamentary vote in favour of the move is expected to cut the canton’s electricity consumption by at least 1%. During parts of winter, Switzerland imports electricity to keep its lights on. In November 2021, Switzerland’s president warned the nation to prepare for electricity shortages. Lighting...
Read More »After 95 years, Migros set to sell alcohol
Last weekend the management of one of Switzerland’s two largest supermarkets voted in favour of selling alcohol in its stores, reported the company. © Tea | Dreamstime.comCompany founder Gottlieb Duttweiler, who passed away in 1962, did not want the business to sell alcohol, something that was prevented by the cooperative’s constitution. Duttweiler did not want to fuel alcohol addiction with cut-price beer or other alcoholic beverages sold by the business he founded in 1925. However, on 7...
Read More »Switzerland’s fastest and slowest growth cantons
This week, Switzerland’s Federal Statistical Office published the latest cantonal GDP figures. Switzerland’s overall GDP growth in 2019 was 1.2%. However there were wide cantonal differences. © Eva Bocek | Dreamstime.comThe six fastest growing cantons in 2019 were Obwalden (+3.5%), Glarus (+3.2%), Zug (+2.7%), Basel-City (+2.6%), Luzern (+2.6%) and Valais (+2.5%). At the other end of the spectrum were the cantons of Basel-Landschaft (-0.1%), Nidwalden (-0.3%) and Zurich (-0.5%). To...
Read More »Initiative launched for vote to agree Swiss deal with EU
A group called Opération Libero and the Green party plan to come together to launch a referendum to require Switzerland’s federal government to sign new deal with the EU. © VanderWolfImages | Dreamstime.comAt a meeting on 26 May 2021, Switzerland’s Federal Council evaluated the results of Switzerland’s negotiations with the EU around the institutional framework agreement, an agreement aimed at replacing the country’s current patchwork of agreements with the bloc, and decided not to sign,...
Read More »Inflation continues to rise in Switzerland reaching 3-year high
At the end of October 2021, annual inflation in Switzerland reached 1.2% after rising 0.3% over the month, according to the Federal Statistical Office. This is the highest the annual rate has been since August 2018 when it reached 1.2%. © Cameracraft8 | Dreamstime.comThe price rises hitting Swiss pockets the hardest over the last 12 months include rent (+1.4%), heating (+12.0%) and transport (+7.3%). Rising fuel prices are behind the jumps in heating and transport costs. On the other...
Read More »Swiss government deficit for 2021 revised down
The latest forecast for 2021 shows a deficit of CHF 14.8 billion, down CHF 2.6 billion from an earlier forecast shortfall of CHF 17.4 billion. The deficit is driven mainly by the extraordinary cost of responding to the Covid-19 pandemic. © Ginasanders | Dreamstime.comThe federal government expects to spend CHF 4.1 billion on vaccines (1.2) and tests (2.5) in 2021. However, the largest share of extra spending is on full and partial unemployment benefits (6.9). Another CHF 4.8 billion has...
Read More »Switzerland wants to make it easier for some foreign students to stay
On 27 October 2021, the Federal Council put forward a plan to change the rules around foreign students working in Switzerland upon completing study at a Swiss university. © Anuwat Sonhan | Dreamstime.comThe proposed rules would allow those graduating from Swiss universities with masters or doctorates in fields with a shortage of workers to work in Switzerland more easily. The changes would reduce the administrative requirements for obtaining a Swiss work permit. However, a maximum annual...
Read More »Switzerland hatches plan to use roads and railways to produce electricity
On 27 October 2021, the Swiss government adopted a report setting out how Swiss motorways and railway lines could be used to generate more than 100 GWh of electricity a year. © Marekusz | Dreamstime.comCalculations in the report show that solar panels placed on noise reduction barriers running along the edges of motorways and railway lines in Switzerland as well as on motorway and rail buildings and platforms could generate 101 GWh of electricity a year. 101 GWh of electricity would be...
Read More »Swiss government moves closer to legalising cannabis
This week, a Council of States commission accepted a plan to regulate the cannabis trade in Switzerland, reported 20 Minutes. This decision by the public health commission follows an earlier one by a parliamentary commission looking at the same question. The way is now clear for parliament to create a new law that lifts the ban on the use of cannabis in Switzerland. The Council of States commission voted 9 to 2 in favour of changing the rules around the sale and use of cannabis. A key...
Read More »Left out of Horizon, Switzerland starts funding its own participation
This week, Switzerland’s federal council released CHF 400 million to fund Swiss research projects once part of Horizon Europe, an EU research programme that is the world’s most heavily funded. Switzerland was cut out of the programme when it unilaterally ended talks with the EU aimed at agreeing a deal with the bloc. © Korn Vitthayanukarun | Dreamstime.comSince being cut out of Horizon Europe in July 2021, the Swiss government has earmarked CHF 6.15 billion to fund research over the next...
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