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Switzerland's Portal
Briefing you for business across the globe
 


Country Briefings provides carefully researched aggregated information covering the economy, stock market, politics and corporate affairs.


These extracts are from the The Economy section of Switzerland's Briefings.


Extract from the Briefing covering the period 22/03/2005-01/05/2005
Government Opens UN Oil-For-Food Investigation
The University of Zurich's centre for economic research (KOF) revised downwards its 2005 GDP growth forecast to 1.6% from 1.8% because of an expected decline in exports. However, it raised its est...

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Extract from the Briefing covering the period 03/02/2005-21/03/2005
Social Democratic Party Votes to Back EU Accords
The government agreed to distribute Sfr21bn in proceeds from gold bullion sales over the past five years, breaking months of embarrassing political deadlock. ...

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Extract from the Briefing covering the period 13/12/2004-02/02/2005
Switzerland Cuts 2005 Growth Forecast as Exports Slow
The central bank (SNB) left its benchmark interest rate unchanged following two increases in six months, commenting that the country's economic recovery has "lost some of its momentum". ...

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Extract from the Briefing covering the period 28/10/2004-12/12/2004
Growth Stagnates in Third Quarter
In an attempt to lure issuers in the €5,000bn eurobond market away from London and Luxembourg, the Swiss Exchange (SWX) announced new listing rules that will allow, effective February 1st 2005,...

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Extract from the Briefing covering the period 24/09/2004-27/10/2004
Swiss Reject Referendum to Ease Citizenship Rules
A Credit Suisse Group survey of regional economic differences has shown that the French-speaking region is maintaining pace with the remainder of the country, contradicting common claims by French-spe...

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Extract from the Briefing covering the period 04/08/2004-23/09/2004
SNB Bullish on Economic Outlook
Reacting to forecasts for continuing economic recovery, the Swiss National Bank (SNB) increased its key interest rate by a quarter point to 1.75%. However, the central bank said that it would react to...

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Extract from the Briefing covering the period 23/06/2004-03/08/2004
Key Indicator at Three and a Half Year High
According to the economic association, Economiesuisse, GDP is estimated to grow by 1.7% to 2.0% in 2004, higher than the association's original estimate of between 1.2% and 1.8%. The association s...

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Extract from the Briefing covering the period 18/05/2004-22/06/2004
Government Unveils New Round of Spending Cuts
For the first time in four years the central bank unexpectedly increased its three-month Libor target by a quarter point to approximately 0.5% as the growing economy eased pressure to keep borrowing c...

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