Economists are downgrading their predictions for growth for this year and 2026.
The State Secretariat for Economic Affairs says a ‘general climate of uncertainty’ is limiting investment decisions. But it doesn’t believe there will be an escalation in the trade war.
It’s now predicting a growth rate of 1.4% this year – down point 1 percent and a similar fall for 2026 at 1.6%.
It also says it expects a significant slowdown in the United States, but a timid recovery in the EU.
New covid variant being monitored
A new coronavirus variant is being closely monitored.
Traffic already heavy
Holiday traffic is building up at one of Switzerland’s key transit routes.
Property tax change coming in 2029
Switzerland is set to overhaul how homeowners are taxed, with major changes coming at the end of 2028.
Karin Keller-Sutter looks to sue Grok
The finance minister has taken legal action in a case that could set a precedent for AI accountability.
Top court rules protestors' fines stand
The Federal Court has upheld convictions against climate activists over a major protest in Zurich.
Bern considers US defense contracts
Switzerland could reconsider a key defense purchase amid growing uncertainty.
