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Tag Archives: Karin Keller-Sutter

Banking crisis: The new bailout strategy

Part I of II The recent turmoil that has roiled the global banking sector has placed central bankers in an impossible position: Cut rates and avert a domino-style disaster in the industry and a possible deep and prolonged recession in the wider economy or stay the hiking course to combat the still untamed inflationary pressures? Arguably the great losers in both cases will be the taxpayers and the average working household.  The recent turmoil in the banking sector, both in the...

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Parliament sets conditions on further EU payments

Justice Minister Karin Keller-Sutter and Foreign Affairs Minister Ignazio Cassis listen to the debate in the House of Representatives on Monday (Keystone) Switzerland should only make another billion-franc “cohesion” payment to the European Union if the EU doesn’t discriminate against Switzerland, parliament has agreed. The House of Representatives on Monday approved the CHF1.3 billion ($1.3 billion) that will help...

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