The Local Switzerland https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Here's what you need to know about Switzerland's radical 'sovereign money' initiative On June 10th voters in Switzerland will have their say on the 'sovereign money' initiative, a radical plan that would take the country and its highly important banking sector into uncharted waters. https://www.thelocal.ch/20180531/heres-what-you-need-to-know-about-switzerlands-radical-sovereign-money-initiative Thu, 31 May 2018 13:20:05 +0200 heres-what-you-need-to-know-about-switzerlands-radical-sovereign-money-initiative Swiss central bank warns of Brexit 'turbulence' The head of Switzerland's central bank warned on Thursday that the Swiss economy could face turbulence if Britain opts to exit the EU in next week's referendum, vowing to "take measures if required". https://www.thelocal.ch/20160616/swiss-central-bank-braces-for-brexit-turbulence Thu, 16 Jun 2016 15:20:26 +0200 swiss-central-bank-braces-for-brexit-turbulence Italian stalemate pushes up franc against euro The Swiss franc strengthened sharply against the euro on Tuesday as skittish investors reacted nervously to a political stalemate in Italy following Sunday's elections. https://www.thelocal.ch/20130226/uncertainty-in-italy-pushes-up-franc-against-euro Tue, 26 Feb 2013 13:39:00 +0100 uncertainty-in-italy-pushes-up-franc-against-euro Swiss exports benefit from franc's dip The Swiss franc, long a refuge for crisis-wary investors, has now fallen to its lowest level against the euro in 20 months amid a rosier outlook for the European common currency. https://www.thelocal.ch/20130120/swiss-exports-benefit-from-francs-dip-against-euro Sun, 20 Jan 2013 17:34:00 +0100 swiss-exports-benefit-from-francs-dip-against-euro Swiss central bank to post lower profits The Swiss National Bank (SNB) says it expects to post a profit of about six billion francs ($6.4 billion) for 2012 — less than half of what it made in 2011. https://www.thelocal.ch/20130117/swiss-central-bank-to-post-lower-profits Thu, 17 Jan 2013 13:49:43 +0100 swiss-central-bank-to-post-lower-profits Swiss franc could fall further, analysts say Speculation is mounting that the Switzerland’s central bank may move to further weaken the franc as foreign exchange markets sold off the Swiss currency this week. https://www.thelocal.ch/20130116/swiss-franc-could-fall-further-analysts-say Wed, 16 Jan 2013 13:22:00 +0100 swiss-franc-could-fall-further-analysts-say Swiss central bank triples profits Switzerland's central bank, with a strategy of intervention to hold down the Swiss franc, reported on Wednesday that it almost tripled profits for the first nine months of the year, boosted by a rise of gold and currency reserves. https://www.thelocal.ch/20121031/swiss-central-bank-triples-profits Wed, 31 Oct 2012 17:09:00 +0100 swiss-central-bank-triples-profits Faulty paper blamed for new banknote delay The introduction of new Swiss banknotes has been postponed for a second time because of technical problems linked to the paper to be used, a new report says. https://www.thelocal.ch/20120810/faulty-paper-blamed-for-new-banknote-delay Fri, 10 Aug 2012 12:37:00 +0200 faulty-paper-blamed-for-new-banknote-delay Negative rates mulled to lower Swiss franc Switzerland's central bank could soon make investors pay for the privilege of depositing money in Switzerland’s banks. https://www.thelocal.ch/20120727/negative-interest-rates-mulled-to-lower-swiss-franc Fri, 27 Jul 2012 14:08:00 +0200 negative-interest-rates-mulled-to-lower-swiss-franc