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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 campaigners submit petition to protect minors on social media
2025-09-18
Social media platforms should no longer be accessible to children and young people under the age of 16, a new petition is requesting. The non-profit organisation NextGen4Impact submitted the petition with 60,000 signatures to the Swiss government on Thursday. +Get the most important news from Switzerland in your inbox “We need a clear age limit …
Swiss House of Representatives rejects plan to abolish marriage tax penalty
2025-09-17
The Swiss House of Representative recommended rejecting the centrist initiative to abolish the marriage penalty in federal tax without a counter-proposal by 99 votes to 92. It considers the proposed model to be unsuitable and favours individual taxation. +Get the most important news from Switzerland in your inbox The initiative “Yes to fair federal taxes …
Switzerland signs free trade agreement with Mercosur states
2025-09-17
Swiss Economics Minister Guy Parmelin and representatives of the other European Free Trade Association states (EFTA) signed the free trade agreement with the Mercosur states in Rio de Janeiro on Tuesday. It enables “significant customs savings” for Swiss companies. +Get the most important news from Switzerland in your inbox The signing of the free trade …
Top executives in Switzerland earn 143 times more than employees
2025-09-15
Last year, senior executives of large Swiss companies earned 143 times more than their lower-paid employees. According to a study by the trade union Unia, the gap has narrowed slightly compared to recent years. +Get the most important news from Switzerland in your inbox In 2023, the gap between the highest and lowest wages was …
Switzerland very close to tariff deal with the US, says Roche CEO
2025-07-25
An understanding between Bern and Washington in the dispute over customs barriers is close: Roche CEO Thomas Schinecker is convinced of this. Schinecker bases his optimism on the close contact the pharmaceutical giant maintains with the Swiss authorities on this issue. +Get the most important news from Switzerland in your inbox. “I believe that an …
Swiss firm ABB to electrify one of the largest oil and gas terminals
2025-07-23
ABB has won a major contract in Azerbaijan for the electrification and grid stability of one of the world’s largest oil and gas terminals, Sangachal, operated by BP. The connection to the national grid will enable the electrification of the complex, which covers more than 688 hectares, an area equivalent to more than 800 football …
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