Swiss Economicblogs.org
Covid-19 is forecast to hit personal incomes by a total of around CHF 15 billion both this year and in 2021, according to the Basel-based research institute BAK Economics, reported Le Matin. © Bigpressphoto | Dreamstime.comSpread across Switzerland’s 8.6 million residents this comes out at around CHF 1,740 per person and CHF 2,830 per worker. BAK Economics expects significant declines in personal revenue in the form of lost salaries, lost freelance business and lower investment returns...
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