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Switzerland must reform to keep global lead, says OECD
2026-09-15
Switzerland must embrace tax and pension reforms to preserve its status as one of the world’s top economies, the OECD said, raising its growth forecast for the country. The Paris-based organisation now anticipates expansion of 2% this year, up from 1.1% predicted in June, following a surprisingly strong performance in the second quarter. Officials cautioned …
Bitcoin Suisse plans to cut up to 60 jobs in Switzerland
2026-09-11
Bitcoin Suisse plans to cut up to half of its 120 Swiss jobs as it reorganises from a primarily Swiss crypto firm into an international financial services group. A company spokesperson told the AWP news agency, following an earlier report on the financial portal Finews, that some of the changes were due to software development …
Swiss firms fear exclusion from EU innovation procurement
2026-09-10
The European Commission intends to reform the European Union’s public procurement market. This could prevent innovative Swiss firms from bidding for funds. The EU aims to promote innovation within member states. Public funds are also to be channelled into these initiatives. New rules may soon be introduced that govern how these funds are allocated. This …
Small Swiss firms asked to help expand wind power
2026-09-09
Wind power has faced an uphill political battle in Switzerland. Now energy company Axpo wants to accelerate wind energy development with the help of small and medium sized enterprises (SMEs). Private households are unlikely to buy a wind turbine, but for SMEs such an investment appears attractive. Every wind power project begins with a wind …
Swiss inflation rate jumps to highest level in two years
2026-09-03
Swiss inflation accelerated far more than analysts anticipated to the fastest pace since September 2024, suggesting a weaker franc is feeding through to the economy. Consumer prices rose 0.8% in August from a year earlier, up from 0.4% in July, the Federal Statistical Office said on Thursday. The result was higher than every single forecast …
Local energy cooperatives are expanding in Switzerland
2026-09-02
According to the solar energy industry association, the model for local electricity cooperatives, which was introduced in Switzerland at the start of the year, has been a success. After just six months, there are already around 1,800 such cooperatives across Switzerland, as shown by an initial estimate from Swissolar. The figures are based on a …
Swiss banks manage record CHF10 trillion client assets
2026-08-31
Following a positive 2025, Swiss banks are expected to continue to grow in 2026, despite a challenging business and geopolitical environment and zero interest rates. This is the forecast of the Swiss Bankers Association (SBA), which says that Switzerland’s appeal as a wealth management centre remains strong. Last year, assets under management (AuM) at Swiss …
Swiss finance minister accuses UBS of over-aggressive lobbying
2026-04-28
Swiss finance minister Karin Keller-Sutter has complained of UBS bank putting parliamentarians under pressure ahead of a vote on banking regulation. + Get the most important news from Switzerland in your inbox Such strong lobbying by a private player is unusual in Switzerland, she said in an interview with the Blick newspaper. “I hear from …
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