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.
Geneva/Lausanne rail link under pressure
The rail link between Geneva and Lausanne is reaching breaking point.
Prison population climbs
The prison population has reached its highest level since records began, according to new figures released by the Federal Statistics Office.
Tax breaks for EVs under pressure
Electric vehicle tax breaks are coming under pressure across Switzerland as more drivers switch away from petrol and diesel cars.
Health insurance premiums will rise next year, but not as much
A slight slowdown is in sight for health insurance premiums.
Hundreds of kilos of asparagus stolen
A major asparagus theft has shocked farmers in canton Fribourg.
Broad coalition forms against 10 million vote
Cantons, cities and municipalities are uniting against the Swiss People’s Party’s “No 10 Million Switzerland” initiative ahead of next month’s vote.
