The Local Switzerland

Eggs thrown during Hungary minister visit

Sat, 08 Jun 2013 18:17:00 +0200

One person was arrested and a police officer was injured after angry protesters threw eggs during the visit of a Hungarian minister to Zurich, Swiss police said Saturday.

Hungary targets Swiss accounts for tax

Wed, 16 Jan 2013 19:17:00 +0100

Swiss accounts are among those targeted by the Hungarian government in a move to slap a hefty tax on foreign deposits by its citizens, according to a report.

Swiss may mediate in Hungary-Armenia row

Thu, 06 Sep 2012 10:37:21 +0200

Switzerland is prepared to assist Hungary and Armenia, whose relations have soured over the killer of an Armenian soldier in Budapest, the Swiss foreign ministry said on Wednesday without specifically referring to the murder case.

Franc peg prompts Hungary currency action

Tue, 13 Sep 2011 13:47:00 +0200

Hungary's Prime Minister Viktor Orban proposed on Monday a plan to fix foreign exchange rates to help Hungarians with foreign-denominated loans hit by a soaring Swiss franc.

East European borrowers suffer as Swiss franc rises

Mon, 22 Aug 2011 12:09:00 +0200

A soaring Swiss franc is a threat to Eastern European economies as households struggle to repay the now much costlier loans they took out in the currency in better times, analysts warn.