Tag Archives: 3) Swiss Markets and News

The UK market is being opened up to Switzerland in more than 30 service sectors Keystone An agreement that secures reciprocal, facilitated market access for service providers from Switzerland and Britain from January 1 has been signed by Economics Minister Guy Parmelin and Liz Truss, the British Secretary of State for International Trade. The Services Mobility Agreement (SMA), signed in London on Monday, regulates the mutual access and temporary stay of service...

© Alexey Novikov | Dreamstime.com Switzerland’s health system is rated highly by the public, according to the latest survey conducted in eleven countries by the Commonwealth Fund Foundation. Every 3 years, the Foundation conducts a survey of the general population in eleven countries to investigate experiences of the health system. 88% of the 2,284 people surveyed across all of Switzerland rated the overall performance of Switzerland’s health system as good or very...

© Alexey Poprotskiy | Dreamstime.com On 9 December 2020, Switzerland’s federal government adopted a change to the rules on healthcare to make vaccination against the SARS-CoV-2 virus free to the public. The cost of vaccinations will be covered by health insurance, the cantons and Switzerland’s federal government. Early on in the pandemic in March 2020, the Swiss government decided the cost of testing should be borne by health insurance companies and patients....

Although the WEF conference costs the taxpayer millions in security costs, it brings in far more in income for local businesses. © Keystone / Laurent Gillieron Swiss hotels, restaurants and shops are counting up the cost of the World Economic Forum’s (WEF) flagship event moving to Singapore next year. This year’s 50th annual meeting realised a net gain of around CHF80 million ($90 million) for the Swiss economy. This windfall will be sorely missed by small businesses...

© Peter Moulton | Dreamstime.com Update: It appears rail connections between Italy and Switzerland will not be interrupted after Switzerland’s president and the Italian minister of transport spoke on Wednesday. Solutions have been identified to ensure compliance with Italy’s anti-COVID measures. Rail links are expected to gradually return to normal over the next few days, according to a report by RSI. The railway connections between Switzerland and Italy will not be...

On 8 December 2020, Switzerland’s Federal Council announced it was considering further restrictions starting from 12 December 2020 and running until 20 January 2021. The Federal Council announced that it plans to harmonise and reinforce measures recently introduced by the cantons. It will meet on 11 December 2020 and again on 18 December 2020 to decide on further measures to reduce the spread of the SARS-CoV-2 virus, it said in a press release. The epidemiological...

The coronavirus pandemic has forced the World Economic Forum (WEF) to relocate its flagship event to Singapore next year. It will be only the second time in 50 years that it will be staged outside of the Swiss mountain resort of Davos. The 51st annual meeting of business, political and civil society leaders will take place in Singapore between May 13-16, WEF announced on Monday. Organisers added that it plans to return to Davos in 2022. The event has moved out of...

Former Swissair bosses have been ordered to pay CHF2.75 million ($3 million) almost 20 years after the national airline carrier went bust. The bill has been presented to 14 former managers after many years of legal wrangling and court battles. Swissair’s liquidator announced the agreed settlement on Friday, having failed last year to hold the executives liable for the much larger sum of CHF280 million. The grounding of the 71-year-old national airline in 2001 was...

[caption id="attachment_603928" align="alignleft" width="400"] Despite some businesses being opened up again from lockdown, most are still counting the cost of Covid-19. Keystone / Laurent Gillieron[/caption] Overnight hotel stays fell by more than 40% during the summer as Switzerland locked down against coronavirus. The pandemic has also battered the finances of the airline industry, but most smaller companies have retained some optimism for the future. ...

Here is an overview of the most important Swiss-related coronavirus data and graphs, which are updated automatically. How fast is the coronavirus spreading in Switzerland? We publish a series of graphs on this page, which are constantly updated as new data becomes available. This only happens once a day from Monday to Friday. The sources and the methodology behind the graphs can be found at the end of the article. In order to assess the current situation in...