Sunday , December 22 2024
Home / SNB & CHF / Switzerland’s electronic motorway vignette to be optional

Switzerland’s electronic motorway vignette to be optional

Summary:
This week, Switzerland’s Federal Council decided the planned electronic motorway vignette will be optional. Drivers will be able to choose. ©-Denis-Linine-_-Dreamstime.com_ - Click to enlarge Anyone wanting to drive on Switzerland’s motorway network must first buy a vignette, a road tax sticker introduced in 1985, which must be displayed on the windscreen. It currently costs CHF 40. The government’s announcement that the new electronic vignette will be optional is a response to concerns relating to data privacy. Some opponents of electronic vignettes, which would be monitored by matching video images of licence plates to vignettes, say such a system is unnecessarily invasive. They are also concerned about the

Topics:
Investec considers the following as important: , , , , , , ,

This could be interesting, too:

Investec writes Federal parliament approves abolition of imputed rent

Nachrichten Ticker - www.finanzen.ch writes Krypto-Ausblick 2025: Stehen Bitcoin, Ethereum & Co. vor einem Boom oder Einbruch?

Connor O'Keeffe writes The Establishment’s “Principles” Are Fake

Per Bylund writes Bitcoiners’ Guide to Austrian Economics

This week, Switzerland’s Federal Council decided the planned electronic motorway vignette will be optional. Drivers will be able to choose.

Switzerland’s electronic motorway vignette to be optional

©-Denis-Linine-_-Dreamstime.com_ - Click to enlarge

Anyone wanting to drive on Switzerland’s motorway network must first buy a vignette, a road tax sticker introduced in 1985, which must be displayed on the windscreen. It currently costs CHF 40.

The government’s announcement that the new electronic vignette will be optional is a response to concerns relating to data privacy. Some opponents of electronic vignettes, which would be monitored by matching video images of licence plates to vignettes, say such a system is unnecessarily invasive. They are also concerned about the effectiveness of data protection.

Those opting for electronic vignettes will have their licence plate numbers entered into the system allowing automatic checks.

If everything goes to plan, electronic vignettes will be launched in 2023 at the earliest.


Tags: ,,,,,,
About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *