You Might Also Like
Average Swiss monthly household income in 2023 was CHF7,186
2025-11-17
The average disposable income of Swiss households was CHF7,186 ($9,040) per month in 2023. It therefore remained stable compared to previous years, the Federal Statistical Office (FSO) said on Monday. +Get the most important news from Switzerland in your inbox But the FSO stressed that not all Swiss households will have this amount of money …
Tariffs: Switzerland is now on equal footing with EU/EFTA states, says economiesuisse
2025-11-15
The Swiss business federation economiesuisse has welcomed the trade agreement between Switzerland and the United States, which it says now puts the country on an equal footing with European Union and European Free Trade Area (EFTA) states. +Get the most important news from Switzerland in your inbox Economiesuisse stressed that the 39% tariffs have not …
Swiss authorities impose ban on sale of PFAS-tainted fish
2025-11-14
Pike and perch from Lake Zug in central Switzerland are too contaminated by PFAS, so-called “forever chemicals”. Their sale or distribution as food is forbidden with immediate effect. +Get the most important news from Switzerland in your inbox Representative samples of the stocks showed that the federal food safety limits had been exceeded, the Zug …
Switzerland enters digital trade deal with Singapore
2025-09-26
Switzerland is among the EFTA states ( also Iceland, Liechtenstein and Norway) that have signed an agreement on digital trade with Singapore. +Get the most important news from Switzerland in your inbox Swiss Economics Minister Guy Parmelin and representatives of the other EFTA states signed the deal with Singapore’s Minister for Trade Relations, Grace Fu, …
Swiss National Bank keeps key interest rate at zero
2025-09-25
The Swiss National Bank (SNB) is taking a break from interest rates. After six consecutive interest rate cuts, the key interest rate will remain at 0.00%, the SNB announced on Thursday. +Get the most important news from Switzerland in your inbox Inflationary pressure is practically unchanged compared to the previous quarter, the SNB wrote in …
Thyssenkrupp Presta cuts 570 jobs in Switzerland and Liechtenstein
2025-09-22
The crisis in the automotive industry is also hitting Switzerland hard. Thyssenkrupp Presta, a group specialising in the production of steering systems for cars, will cut up to 570 jobs in Liechtenstein and the Swiss canton of Appenzell Inner Rhodes. Over the next 12 months, the workforce will be reduced by a quarter, the subsidiary …
Swiss National Bank posts CHF15 billion loss in first half of the year
2025-07-31
The Swiss National Bank (SNB) slipped well into the red in the first half of 2025. In particular, the weakening US dollar since the start of the tariff turbulence at the beginning of April had a negative impact on the result. +Get the most important news from Switzerland in your inbox Overall, the SNB recorded …
Proton does not trust Switzerland to host its AI servers
2025-07-24
The Geneva-based cybersecurity firm has lost faith in Switzerland due to proposed surveillance law changes. Proton’s investments in servers will be made abroad, because the legislative changes proposed by the governing Federal Council. The encrypted email service provider fears a regime of mass surveillance of the population. +Get the most important news from Switzerland in …
Tags: Featured,newsletter
