A proposed CHF 15bn boost to the defence budget is not likely to get through the Council of States.
Centre-left parties want the extra money for the army and Ukraine. The idea is CHF 10bn will be spent on the army over the next 5 years and CHF 5bn to help Ukraine.
But the upper house’s finance committee has rejected the package, saying it will increase the country’s debt and lead to cuts elsewhere.
Crans Montana to donate CHF 1m to victim fund
Crans-Montana is to donate a million francs to a fund to help the victims of the New Year’s fire.
Lausanne police set to fight discrimination
Following accusations of racism in its police force, Lausanne has published two reports highlighting serious issues.
UBS reports $8bn profit
The bank, UBS, made a profit of nearly USD 8bn last year, around CHF 6bn, comfortably beating analysts’ expectations.
EVs make further gains - but still behind Europe
While overall car registrations in Switzerland have been falling for six years, electric and hybrid vehicles are on the rise.
Dog bite costs owner thousands
A German Shepherd attack has cost its multimillionaire owner CHF 330,000.
Cassis should be investigated, say lawyers
Swiss lawyers are calling for an investigation into Foreign Minister Ignazio Cassis.
