Central bank vows to defend euro-franc floor

Central bank vows to defend euro-franc floor

The Swiss National Bank (SNB) said on Monday it will continue to defend "with the utmost determination" the exchange rate floor of 1.20 francs a euro following the surprise resignation of the central bank's chairman.

Swiss want six holiday weeks: survey

Swiss want six holiday weeks: survey

Swiss voters are likely to give themselves two weeks of extra holidays when they go to the polls for a referendum this March, a new survey shows.

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Swiss unemployment rises in December

Switzerland's unemployment rate rose to 3.3 percent in December, an increase of 0.2 percentage points from the month before, the State Secretariat for Economic Affairs (Seco) said on Monday.

Swiss central bank head resigns after scandal

Swiss central bank head resigns after scandal

The embattled head of the Swiss central bank, Philipp Hildebrand, announced his resignation on Monday with immediate effect after being caught up in a scandal over foreign exchange trades by his wife.

‘Something rotten in Switzerland’: Blocher

‘Something rotten in Switzerland’: Blocher

Swiss People’s Party figurehead Christoph Blocher has accused the government of covering up the “crap” left behind by central bank president Philipp Hildebrand.

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Suter stars as Vonn has rare off day

Swiss skier Fabienne Suter won the women's super-G World Cup raceat Bad Kleinkirchheim, Austria on Sunday as American superstar Lindsey Vonn recorded her worst result in over three years.

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Tipster in bank scandal attempts suicide: report

A bank employee who allegedly stole details of a currency transaction that would lead to a scandal enveloping Swiss central bank chief Philipp Hildebrand has attempted suicide, the SonntagsZeitung
newspaper reported on Sunday.