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US says Switzerland can order fewer fighter jets amid cost hike
2025-09-14
According to the American authorities, a possible reduction in the number of F-35 fighter jets ordered by Switzerland is possible. They have informed Switzerland that this could be an option for cushioning the massive cost increase. +Get the most important news from Switzerland in your inbox Kaj-Gunnar Sievert, a spokesperson for the Federal Armaments Office …
Swiss banks reject one in three applications for credit
2025-09-11
In 2024, 35.5% of consumer credit applications were rejected by lending institutions due to solvency problems. This is a record high and is significantly higher than the previous year’s rejection rate of 30.8%, says the comparison portal Kreditvergleich.ch. The analysis is based on data from the Swiss central registry for credit information. +Get the most …
Global banks rush to fill Credit Suisse void for Swiss SMEs
2025-09-07
Global banks including JPMorgan, Bank of America and Deutsche Bank are stepping up an effort to serve Switzerland’s small and mid-sized companies, as they look to fill the void left by the collapse of Credit Suisse. +Get the most important news from Switzerland in your inbox Credit Suisse — which was one of the country’s …
Swiss olive cultivation to get a boost thanks to warm weather
2025-07-15
More and more farmers in French-speaking Switzerland see climate change as an opportunity for olive cultivation: the number of such trees could double to 20,000 by the end of 2026, surpassing that of Italian-speaking Ticino. Because of the rising temperatures, olive trees are also growing in regions where it was previously unthinkable. An association of …
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