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Switzerland raises economic growth forecast significantly
2026-09-17
According to the federal government’s economists, the Swiss economy is likely to perform significantly better than previously expected. They are therefore raising their forecast substantially. The federal government’s expert group has revised its forecast for 2026 to predict growth in real gross domestic product (GDP, adjusted for sporting events) of 1.7%, up from the previous …
Revolut applies for a banking licence in Switzerland
2026-09-16
The British ‘neobank’ Revolut, whose services are already used by over a million Swiss residents, is now applying for a Swiss banking licence. The online bank plans to invest more than CHF150 million in the Swiss market over the next five years. The granting of a licence by the Swiss Financial Market Supervisory Authority (FINMA) …
China’s high-tech rise puts competitive pressure on Switzerland
2026-09-10
Economists at Swiss bank UBS view China’s economic rise as a major challenge for the Swiss economy. The US tariffs, on the other hand, are likely to have only a temporary impact. Over the past decade, China has increasingly transformed itself from the “world’s factory” into a hub for high technology. For example, the country …
Rents expected to rise again in Switzerland
2026-05-21
After a period of slowing growth, rents will rise again at a faster pace in Switzerland, Raiffeisen bank predicts in a study published on Thursday. +Get the most important news from Switzerland in your inbox As the dampening effects on rents from the fall in the key interest rate are about to wear off and …
Middle East war ‘risks slowing Swiss economy’
2026-05-19
The Middle East conflict, along with soaring oil and gas prices, are likely to slow the Swiss economy and accelerate inflation, according to projections from UBS bank economists. +Get the most important news from Switzerland in your inbox If the war between the United States and Iran drags on, oil prices are likely to soar …
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