Tag Archives: Business & Economy

This week EU Finance ministers came out with a list of countries it thinks don’t measure up to its definition of good tax behaviour. © Kevkhiev Yury | Dreamstime There are two categories: blacklist and so-called “grey list”. Black is bad and grey is heading toward good, but not yet there. Switzerland is on the “grey list”. To stay off the list, countries must have fair tax rules, which are defined as not offering preferential measures or arrangements that enable companies to move profits to...

© Mohamed Ahmed Soliman | Dreamstime - Click to enlarge Many Swiss residents travel to neighbouring eurozone countries for their holidays. These countries are close and Swiss francs go far there. However, to get the most out of a strong currency you need a good exchange rate. If a Swiss resident presenting euro cash at a checkout in Germany or France was told they couldn’t pay in euros because they live in Switzerland...

Many Swiss residents travel to neighbouring eurozone countries for their holidays. These countries are close and Swiss francs go far there. However, to get the most out of a strong currency you need a good exchange rate. © Mohamed Ahmed Soliman | Dreamstime If a Swiss resident presenting euro cash at a checkout in Germany or France was told they couldn’t pay in euros because they live in Switzerland – “I’m sorry sir but you live in Switzerland, you must pay in Swiss francs at our inflated...

Many Swiss residents travel to neighbouring eurozone countries for their holidays. These countries are close and Swiss francs go far there. However, to get the most out of a strong currency you need a good exchange rate. © Mohamed Ahmed Soliman | Dreamstime If a Swiss resident presenting euro cash at a checkout in Germany or France was told they couldn’t pay in euros because they live in Switzerland – “I’m sorry sir but you live in Switzerland, you must pay in Swiss francs at our inflated...

© Calvin Leake | Dreamstime - Click to enlarge According to the newspaper Bilanz, Amazon has signed an agreement with Swiss post to provide rapid customs clearance. The head of postal customs, Felix Stierli, confirmed discussions with the company.A maximum customs clearance time of 3 hours will allow 24-hour delivery, one element of Amazon’s Prime offer. Once Prime is available, Swiss customers will be able to access...

According to the newspaper Bilanz, Amazon has signed an agreement with Swiss post to provide rapid customs clearance. The head of postal customs, Felix Stierli, confirmed discussions with the company. © Calvin Leake | Dreamstime A maximum customs clearance time of 3 hours will allow 24-hour delivery, one element of Amazon’s Prime offer. Once Prime is available, Swiss customers will be able to access most of the company’s complete online offer, which includes 229 million products. Rather than...

According to the newspaper Bilanz, Amazon has signed an agreement with Swiss post to provide rapid customs clearance. The head of postal customs, Felix Stierli, confirmed discussions with the company. © Calvin Leake | Dreamstime A maximum customs clearance time of 3 hours will allow 24-hour delivery, one element of Amazon’s Prime offer. Once Prime is available, Swiss customers will be able to access most of the company’s complete online offer, which includes 229 million products. Rather than...

A recent report by Travail.Suisse shows around 40% of Swiss workers report feeling often or very often stressed by their work. © Luis Pablo Escoto Hernandez | Dreamstime Stress and emotional exhaustion is a daily reality for many says Travail.Suisse. Between 2015 and 2017, the percentage suffering work related stress or emotional exhaustion has risen from 38% to 48%. A key issue appears to be loss of control over free time. Other challenges include stagnating salaries and a lack of...

20 Minutes. Switzerland’s deal with the EU involves a financial contribution. The sum announced by the Federal Council is CHF 1.3 billion over the next 10 years. © Marko Bukorovic | Dreamstime The arrangement, announced on Thursday to coincide with a visit by european commission president Jean-Claude Juncker, extends a previous 10 year deal. Not everyone is happy with the deal. Some, such as the Swiss People’s Party (UDC/SVP) think it is scandalous describing it as a 1.3 billion franc gift at...

© Wrangel | Dreamstime - Click to enlarge The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the...