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Swiss president calls for European economic cooperation
2026-02-27
At a meeting with the economic ministers of German-speaking countries in Zurich on Friday, Swiss president Guy Parmelin urged trade cooperation on the continent. + Get the most important news from Switzerland in your inbox European measures should not affect the interlinked supply and value chains. Cooperation and trust must be strengthened among like-minded people …
Switzerland mulls Ukraine trade restriction extension
2026-02-26
Switzerland not only sanctions Russia but also prohibits goods being exported to Ukraine that could be used in the conflict. The Swiss government wants to extend Ukraine trade restrictions by enshrining temporary emergency powers into a new law. + Get the most important news from Switzerland in your inbox Switzerland largely adopts European Union sanctions …
Swiss sewing machine maker ponders Thailand production
2026-01-12
Swiss sewing machine manufacturer Bernina is considering relocating production to Thailand. Around 40 out of a total of 334 employees would be affected. +Get the most important news from Switzerland in your inbox United States tariffs and the strong Swiss franc are causing the traditional company in canton Thurgau great difficulties. Bernina generates approximately two-thirds …
Swiss banks less optimistic due to lower interest rates
2026-01-08
The fall in interest rates is putting Swiss banks under pressure, according to the new EY Banking Barometer. +Get the most important news from Switzerland in your inbox Just under half of banks expect operating results to decline in 2025, although a majority expect margins in the interest business to stabilise. + Have foreign leaders …
Q3: Swiss GDP falls amid global slowdown, tariff shock
2025-11-17
The Swiss economy has felt the full impact of the introduction of 39% US tariffs in August and the slowdown in the global economy. An initial estimate shows a contraction in gross domestic product (GDP) from July to the end of September. +Get the most important news from Switzerland in your inbox GDP shrank by …
Swiss farmers downplay impact of US tariff deal
2025-11-16
The recent US tariff rate cut to 15% and the details of the framework trade agreement with Washington have raised questions about the consequences for the Swiss agricultural sector. But a senior Swiss Farmers’ Union official plays down the impact of the deal. +Get the most important news from Switzerland in your inbox The agreement …
Swiss Gruyère crowned world’s best cheese
2025-11-14
A Swiss Gruyère AOP cheese was crowned the world’s best cheese at the World Cheese Awards 2025, held this year in Bern, Switzerland. The prestigious international competition brought together more than 5,000 participants from 45 countries. +Get the most important news from Switzerland in your inbox The 18-month-old award-winning Gruyère comes from the Vorderfultigen cheese …
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