Tag Archives: Swiss Markets and News

Martin Nydegger's appointment as the new head of Switzerland Tourism was announced on Friday. (Keystone) - Click to enlarge The top Swiss tourism body has announced that Martin Nydegger will take over from his predecessor Jürg Schmid as head of the organisation. The 46-year-old Nydegger has been a member of Switzerland Tourism’s executive board since 2008. A selection committee within Switzerland Tourism’s...

© Ognjen Stevanovic | Dreamstime Yesterday, the Swiss government released health insurance premiums for 2018. There are price hikes across the board, particularly in French-speaking Switzerland. Next year, the price of standard compulsory insurance for an adult with a CHF 300 deductible will rise 4% on average. The cost varies by canton. Prices rises range from 1.6% to 6.4%. Health premiums for children will rise by...

© Michelle Meiklejohn – Dreamstime - Click to enlarge A survey by Tamedia offers clues to why 52.7% of Swiss voters rejected the pension reform plan that was put to a vote last Sunday. 20% of those voting “no” thought it was a pseudo reform that didn’t go far enough, while 26% felt it left too much of a burden on younger taxpayers. In 1981, when the life expectancy of an average Swiss woman was 79.2 years, the average...

© Jacek Chabraszewski | Dreamstime - Click to enlarge Some who move to Switzerland might not be aware that they are almost certainly required to pay one of the world’s highest broadcasting fees. An annual Swiss licence costs CHF 451.10 per household. A successful vote in 2015 changed the rules on who must pay the fee. From 2019, it will be compulsory for anyone with a primary or secondary residence in Switzerland to...

© Nik Frey | Dreamstime The UBS Global Real Estate Bubble Index 2017 describes housing in Zurich and Geneva as only moderately overvalued. The two Swiss cities rank 6th (Geneva) and 9th (Zurich) in a list of 20 selected global cities. The top eight: Toronto, Stockholm, Munich, Vancouver, Sydney, London, Hong Kong and Amsterdam are all classified as bubble risk. Only Chicago is undervalued. Since 2012 apartment price are...

Watch executives are betting on growth in China (Keystone) - Click to enlarge The majority of Swiss watch executives surveyed by consulting firm Deloitte are positive about new rules requiring at least 60% of a watch’s manufactured costs to be incurred in Switzerland. According to the Deloitte Swiss Watch Industry Study 2017external link, released on Wednesday, 44% of 60 watch executives surveyed consider the new...

Les Suisses ont accepté par 78,7% de compléter la Constitution par un article sur la sécurité alimentaire. Les Romands ont été les plus enthousiastes. Les Suisses sont très attachés à la sécurité alimentaire. Dimanche, 78,7% d’entre-eux ont dit «oui». Aucun canton n’a refusé. Environ 1’943’000 citoyens ont déposé un «oui» dans l’urne, contre un peu moins de 525’000 «non». Les cantons les moins convaincus ont été Schwyz...

Interior Minister Alain Berset was more successful at convincing Swiss abroad of his reforms than those at home (Keystone) - Click to enlarge Unlike their compatriots in Switzerland, Swiss voters who live abroad came out massively in favour of a wide-ranging overhaul of Switzerland’s old-age pension scheme. Eleven of Switzerland’s 26 cantons count the votes of Swiss expats separately. An analysis of Sunday’s...

The shuttles were designed by French company Navya with an operating platform developed by Swiss firm Bestmile (Marc Striffeler/tpf) - Click to enlarge The launch of two autonomous shuttle buses in Fribourg on Friday marks the first time in Switzerland that such vehicles have been inducted into the regular transport network. The “self-driving” electric minibuses link the Marly Innovation Center (MIC) in the...

Les dépôts bancaires servent de base à l’activité bancaire classique. Réserves fractionnaires et autres créations monétaires bancaires privées vont prendre appui dessus. Qu’une part importante des clients retire ses dépôts et la banque s’écroule. Il est donc indispensable qu’on y touche le moins possible, spécialement quand votre confiance s’évapore…. Cela explique pourquoi, les « autorités » de toutes sortes légifèrent...