Due to inflation and war in Ukraine, the prices of many basic foods and consumer goods have risen by up to 20 percent in Switzerland in comparison to the same period last year.
Getting out of debt can prove a real headache in Switzerland, but sleepless nights because of outstanding bills and loans don’t have to be your reality. Here are some tips on how to reduce your debt and avoid getting into it in the first place.
After Swiss healthcare premiums soared by 6.6 percent on average in 2023, everyone hoped they would not increase again for a long while. But it looks like these costs will go up again in 2024.
Most people rejoice at the sight of a lost franc on the side of the road and put it in their pocket without hesitation. But what if you find a whole wallet full of cash or even valuables? We look at the rules around finding money in Switzerland.
Switzerland-born Sergio Ermotti, back as chief executive of UBS to oversee the mammoth takeover of Credit Suisse, has gone from local apprentice to the two-time boss of a top global bank.
In many people’s minds, money is synonymous with Switzerland. Whether it’s because of the country’s high cost of living or the aura of mystery (and various myths) surrounding its banks, the fact is that the franc is an interesting currency.
Swiss financial regulator Finma is probing how to hold bosses at Credit Suisse to account following its emergency takeover by rival UBS, a media report said on Sunday.
If you are planning to travel within the EU this spring, you may be wondering whether you should exchange Switzerland’s currency into euros now, or wait a little longer. Here's the outlook.
The arranged marriage of UBS and Credit Suisse will create the biggest bank Switzerland has ever seen, with some wondering if the superbank might be too big for its own good.
After the recent collapse of Credit Suisse and its takeover by UBS, many people are wondering whether there is an alternative in Switzerland to the huge national banks. There are, in fact, some options for you to consider.
In many people’s minds, Swiss banks are synonymous with scandals. Past and present events have shown this is sometimes true, but what — if any — effect will all these financial wheelings and dealings have on your money?
After the recent collapse of Silicon Valley Bank (SVB) in the US, and as shares in Credit Suisse tumble you may be worried that the same could happen to your bank in Switzerland, causing you to lose all your assets. How likely is this?
Tax in Switzerland is a complex subject, but you must be able to navigate it if you live here. From deductions to asking for deadline extensions, this overview will help you find a way through this intricate maze.
Four executives of the Swiss branch of Gazprombank appeared in a Zurich court on Wednesday over vast sums going into the accounts of a close confidant of Russian President Vladimir Putin.
While in some ways people in Switzerland are financially progressive — for instance, in terms of cryptocurrency — in others, they still prefer the traditional payment method: cash (and hopefully lots of it).
The figures are damning. From 2005 to 2018, the share of assets held by the richest one per cent of the Swiss population increased from 38 to 44 per cent. Clare O’Dea looks at the problem Switzerland's glaring wealth inequality.
For the first time in its history, the Swiss National Bank (SNB) is expecting a ‘record loss’ totalling 132 billion francs in 2022. Should you be concerned?
The Swiss central bank said Monday it expects to have logged a record loss totalling 132 billion Swiss francs in 2022, preventing it from providing funds to the government.
With Swiss interest rates set to increase further in 2023, many homeowners are looking for cheaper mortgages - here's a look at whether the ‘reverse’ option can benefit you.
Switzerland has raised the interest on savings, which means that some banks now offer a higher yield on assets. We look at where you can get more bang for your franc from January 2023.
One of the biggest fears of any tenant — in Switzerland or elsewhere — is that they will fall into financial difficulties and won’t be able to afford their monthly rent. What could happen then?
The Swiss franc is Switzerland’s official currency and that is not about to change. But the country also has an alternative 'currency'. And no, it is not Bitcoin either.
If you can’t get through the day without your dose of caffeine, the news about price hikes for this drink in Switzerland will leave a bitter taste in your mouth.
