The Local Switzerland

ECB announces major bond buying program

Thu, 22 Jan 2015 17:07:00 +0100

The Swiss franc edged higher against the euro on Thursday after European Central Bank president Mario Draghi announced the bank will buy €60 billion of European debt every month from March 2015 until September 2016.

Union calls for Swiss ban on euro salaries

Mon, 19 Sep 2011 14:43:00 +0200

Trade union Unia has called for Swiss companies to be banned from paying employees’ salaries in euros after the central bank placed a cap on the franc's exchange rate against the European currency.