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Tag Archives: Editor’s Choice

Swiss franc outstrips other currencies over last 117 years

Recent analysis by Credit Suisse, London Business School and Cambridge Judge Business School shows the Swiss franc’s enduring strength. © Sergey Kuzmin – Dreamstime.com The reports says that for a small country with just 0.1% of the world’s population and less than 0.01% of its land mass, Switzerland punches well above its weight financially. The country has had the world’s lowest 117-year average annual inflation rate of just 2.2%. This low inflation is one of the phenomena that has given...

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Switzerland’s most beautiful villages

By Bill Harby Congratulations Moudon. This enchanting hamlet is the newest official member of a coterie of beautiful historic Swiss villages. Moudon, Vaud. Source: Roland Zumbühl of Picswiss Generally, the Swiss don’t like to brag. Even when it comes to cheeses, chocolate and direct democracy, they’re more likely to just offer you a taste and let you decide for yourself. But when it comes to the many historic villages that dot the countryside, the taciturn Swiss can get quite gabby. They even...

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Swiss Rail to launch app that lets you pay when you arrive

Swiss Rail plans to test a new smartphone app that will charge you when you arrive. The app will automatically search for the cheapest fare once the journey has ended, promising users the lowest possible fare. David Schweizer © SBB CFF FFS The new app, which will be added to Mobile Preview, will be tested in 2018. Two companies, Lezzgo and Fairtiq, already offer a similar service. Their apps track your phone and require you to check in and check out when you reach your final destination. If...

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Swiss Rail to launch app that lets you pay when you arrive

Swiss Rail plans to test a new smartphone app that will charge you when you arrive. The app will automatically search for the cheapest fare once the journey has ended, promising users the lowest possible fare. David Schweizer © SBB CFF FFS The new app, which will be added to Mobile Preview, will be tested in 2018. Two companies, Lezzgo and Fairtiq, already offer a similar service. Their apps track your phone and require you to check in and check out when you reach your final destination. If...

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Higher Swiss health premiums for those with big deductables

The Swiss government announced plans to reduce the discounts offered to those willing to risk paying the first chunk of their annual medical bills. It also plans to adjust deductibles in line with shifts in medical costs. This will be discussed until 19 October 2017. © Scanrail | Dreamstime.com Switzerland’s compulsory basic health insurance can be bought from a range of private insurance companies, however these companies must work within rules set by the government, who set both the size of...

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Swiss government says no wind turbines within 300m of homes

After the Swiss public voted in favour of a new energy strategy on 21 May 2017, the government has been busy fine tuning its plans. © Silvanbachmann | Dreamstime.com Switzerland has only constructed 34 wind turbines over the last 20 years, which produce around 0.15% of the nation’s electricity, according to three experts at EPFL and UNIL, two universities in Lausanne. These experts say around 100 high-potential locations could accommodate 700 turbines. Together they could generate 7 percent...

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Switzerland most expensive in Europe, but not for everything says new study

Few who have visited or lived in Switzerland will be particularly surprised to hear that Switzerland is the most expensive place in Europe. However the price differences are quite eye opening. The recently published Eurostat price level study ranks Switzerland as the most expensive overall, well ahead of second and third placed Iceland and Norway. © Ginasanders | Dreamstime.com Overall Switzerland is 61% more costly than the EU average. Second placed Iceland is 47% and Norway 40% above the EU...

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Switzerland most expensive in Europe, but not for everything says new study

Few who have visited or lived in Switzerland will be particularly surprised to hear that Switzerland is the most expensive place in Europe. However the price differences are quite eye opening. The recently published Eurostat price level study ranks Switzerland as the most expensive overall, well ahead of second and third placed Iceland and Norway. © Ginasanders | Dreamstime.com Overall Switzerland is 61% more costly than the EU average. Second placed Iceland is 47% and Norway 40% above the EU...

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For the first time many Swiss commercial apprenticeship positions to be left vacant

20 Minutes. Normally commercial apprenticeship positions in Switzerland are snapped up nearly one year in advance. However this year many will be left vacant according to Zurich newspaper NZZ am Sonntag. © Artofphoto | Dreamstime.com Commercial apprenticeships cover tasks such as accounting, administration and secretarial activities. Training takes around three years and results in a federal certificate. Graduates work for banks, insurers, biotech companies, government agencies and other...

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Property prices fall in Swiss resorts but climb elsewhere, says UBS report

A real estate report by the bank UBS, which looks at 25 top resorts in Switzerland, Austria, France and Italy, shows vacation home price drops across Switzerland. These price falls contrast with price rises in resorts in Austria, France and Italy. With more than 10,000 second homes, Crans-Montana is Switzerland’s biggest market in the Alpine region. Next is Davos/Klosters with just under 10,000 apartments. Third is...

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