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Tag Archives: Business & Economy

Swiss employer must pay employee’s rent, rules court

Switzerland’s highest court recently decided that an employee asked to work at home can claim a part of their rent from their employer, according to the newspaper 20 Minutes. © Ronstik | Dreamstime.comAn employee of a financial firm in Zurich, who got into a disagreement with their employer over the reimbursement of some of their rent, took their case to the Federal Tribunal, Switzerland’s highest court. The rental reimbursement related to the use of the employee’s home as an office....

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40% of Swiss restaurants unsure of survival under current restrictions

40% of restaurants that have reopened in Switzerland fear they won’t survive, according to a recent industry survey by Gastro Suisse. © Rtdeleon04 | Dreamstime.comWhen Switzerland’s federal government allowed restaurants to reopen on 11 May 2020 around three quarters did. Many of those that didn’t, decided they wouldn’t be able to turn a profit operating with the required space and hygiene requirements. Those that did open report revenues on average 60% lower than over the same period...

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Coronavirus: Switzerland plans to lift all restrictions on Schengen movement

Switzerland’s Federal Council plans to lift all travel restrictions and re-establish free movement of persons across the Schengen area no later than 6 July 2020 and possibly as early as mid June, it announced today. © Scaliger | Dreamstime.comIf the epidemiological evolution allows, restrictions on entering, working and living in Switzerland will be lifted for all Schengen states from mid-June and no later than 6 July, said the government. The Schengen area, which consists of 26...

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Coronavirus: extensive easing of restrictions from 6 June in Switzerland

From 6 June 2020, measures put in place to fight the spread of SARS-CoV-2 will be extensively eased, according to Switzerland’s government. © Regissercom | Dreamstime.comThe number of new cases of infection has remained low for a number of weeks now, as has the number of hospital admissions and deaths, said a press statement. From 30 May 2020, the limit on private gatherings in public will be increased from a maximum of 5 people to a maximum of 30. From 6 June 2020, organised...

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Swisscom network experiencing problems

Since 11:50 am on 26 May 2020, Swisscom’s mobile and landline networks have been experiencing problems. © Rostislav Ageev | Dreamstime.comLandline and mobile network calls are currently impaired for business and private customers, according to Swisscom. The company said its specialists are working on rectifying a fault that started at 11:50am on 26 May 2020. According the Swiss government website alert.swiss the network disturbance is affecting 14 cantons. Update: Swisscom...

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Swiss central bank could take negative rates lower

The rate on deposits at the Swiss National Bank (SNB) is currently -0.75%. And while taking the rate further into negative territory is not the base case scenario, it cannot be excluded, according to some economists at the bank UBS. © Marekusz | Dreamstime.comThe probability that the SNB lowers rates further is not a base scenario, according to Thomas Jordan, the bank’s chief, reported the newspaper 20 Minutes. However, economists at UBS think it is possible, and give it a 30%...

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EasyJet customer data hacked

Yesterday, EasyJet announced that a “highly sophisticated” cyber-attack had affected around 9 million customers. © Transversospinales | Dreamstime.comThe company said its “investigation found that the email address and travel details of approximately 9 million customers were accessed. These affected customers will be contacted in the next few days. If you are not contacted then your information has not been accessed.”   The statement said 2,208 customers had their credit card details...

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Coronavirus: Switzerland sets date for fully reopened borders with Germany, Austria and France

On 13 May 2020, Karin Keller-Sutter, Switzerland’s ministerial head of police and justice, said Switzerland is aiming to fully reopen borders between Germany, Austria and France on 15 June 2020. © Prosiaczeq | Dreamstime.comAfter discussions with her counterparts in these three countries she said there was a common will to return to normal as quickly as possible including the freedom to travel, if epidemiological development allows it.  In addition, she said they would like to relax...

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Switzerland reopens 15 more international border points

During the coronavirus lockdown, Switzerland closed many of its international border crossings. As schools and more businesses open, the government is reopening more border points. However, cross-border movement remains restricted.  Iryna Moroz | Dreamstime.comFrom Monday 11 May 2020, the following additional border entry points into and out of Switzerland reopened: Geneva: Certoux, Chancy I, Croix-de-Rozon, Landecy Graubunden: SpiessJura: FahyNeuchâtel: BiaufondSolothurn: FlühTicino:...

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Coronavirus: Switzerland’s anti-lockdown protests

Over the weekend, hundreds rallied against lockdown measures across Switzerland in the cities of Bern, Zurich, Basel and St. Gallen. © Ocskay Mark | Dreamstime.comAnti-lockdown protesters in these cities flouted rules introduced in mid-March banning public groups of more than five people, designed to reduce the spread of the SARS-CoV-2 virus. The protestors consider the rules in breach of their fundamental rights. In Bern and St. Gallen, dozens were stopped by the police and face...

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