Switzerland

Switzerland gives 21 mn francs for infrastructure development in Gorski Kotar

The Croatian Ministry of Regional Development and EU Funds on Tuesday signed the first in a series of agreements that are part of a Swiss-Croatian programme of cooperation within the thematic field Environment and Infrastructure. The agreement refers to the development of the Gorski Kotar region, the Ministry said in a statement.

Swiss voters buck global trends by rejecting lower corporate taxes

Swiss voters on Sunday rejected a plan that would have seen tax loopholes for international firms closed in exchange for lowering the general profit tax, a referendum result that runs counter to global trends.

Swiss rightists defeated as voters back faster naturalization process

Young people whose grandparents migrated to Switzerland will get faster and easier access to Swiss citizenship, the country's voters decided on Sunday.

Swiss vote on corporate tax, naturalization, Olympics

Swiss voters will be called Sunday to weigh in on: closing tax loopholes; creating easier naturalization procedures; and hosting the 2026 Winter Olympics, in referenda that touch upon the country's image as an Alpine magnet for foreign wealth and labour.

Swiss voters on the fence ahead of poll on higher corporate taxes

The Swiss government wants to raise taxes for international corporations, but voters are split on the plan that will be decided in a referendum next week, according to polls that were published on Wednesday.

Croatian tourism promoted at fairs in Switzerland and Slovakia

The Croatian Tourism Board (HTZ) promoted Croatian tourism at the FESPO fair in Zurich and the ITF Slovakiatour in Bratislava earlier this week.

Johnson and Johnson gulps Swiss biotech firm for 30 billion dollars

US pharmaceutical and health product giant Johnson and Johnson will take over Swiss lung medicine maker Actelion for 30 billion dollars, both companies announced Thursday.

Financial leaders in Davos optimistic about US, but see trade risk

The US economy will likely profit from the planned policies of its new president, as long as Donald Trump does not turn his protectionist plans into reality, Western financial leaders said Friday at the World Economic Forum.

Britain's May woos investors, soothes voters in Davos

Britain will emerge as the global champion of free trade after leaving the European Union, British Premier Theresa May said in a speech to global leaders and investors.

Analysts: Trump could signal the end of globalization as we know it

The inauguration of Donald Trump as US president could mark the dawn of a new economic era in which trade becomes more difficult and the world becomes divided into distinct regions, major Swiss bank Credit Suisse says in a study.

Biden: US, EU must fight Russian plan to destroy liberal world order

Russia is intent on dismantling the liberal world order, and the best way to stop it is a strong alliance between the United States and the European Union, US Vice President Joe Biden said Wednesday in his final major speech in office.

China warns against trade war ahead of Trump inauguration

Chinese President Xi Jinping warned against a new trade war and presented China as a global champion of free commerce Tuesday at the World Economic Forum, where the change in US administration dominates the discussions.

Fine on Muslim parents for refusing daughters' swim lessons upheld

The European Court of Human Rights upheld Tuesday a decision of a Swiss court backing fines on Muslim parents who refused to allow their daughters to take part in mixed swimming lessons on the basis of their religion.

Police dig into Berlin attacker's links to Switzerland

Possible Swiss connections of Berlin Christmas market attacker Anis Amri are at the centre of a police investigation in Switzerland, the office of the country's Attorney General confirmed Friday.

Man shoots Swiss police officers in house search, turns gun on self

A man in north-eastern Switzerland shot two police officers during a house search on Tuesday before later turning the gun on himself.

Deutsche Bank, Credit Suisse agree to huge fines in US mortgage probe

Deutsche Bank and Credit Suisse have agreed to settle investigations into the fraudulent sale of mortgage-backed securities by paying 7.2 billion dollars and 5.3 billion respectively in the United States, the major German and Swiss banks said Friday.

Zurich mosque attack probe reveals killing by occultist suspect

The man who opened fire in a Zurich mosque and then took his life had earlier killed an acquaintance with a knife before beginning the shooting spree, investigators said Tuesday.

Man opens fire on praying Muslims in Zurich, injures three men

An assailant shot and injured three men who were praying at a Muslim religious centre in central Zurich on Monday, local police said.

Switzerland gives green light for free movement of Croatian citizens

The Swiss government has given the green light for free movement of Croatian citizens, as a result of which Croatians will be treated as other European Union citizens in that country, Croatian Foreign and European Affairs Minister Davor Ivo Stier said on Friday.

Switzerland opts for moderate immigration law amid pressure from EU

Immigration into Switzerland will not be controlled through caps and quotas that would have violated Swiss-EU agreements, but through softer measures, the parliament in Bern decided on Friday.

Oxfam names world's worst tax havens

Multinational corporations rob developing countries of 100 billion dollars every year by using tax avoidance schemes, global charity Oxfam said in a report released Monday.

World's longest tunnel railway tunnel opens to public in Switzerland

The first scheduled train to pass through the world's longest railway tunnel arrived in the Swiss city of Lugano more than 30 minutes faster than usual Sunday thanks to a shortcut that took 12.2 billion Swiss francs (12.3 billion dollars) and 17 years to build.

Political veteran Doris Leuthard elected Swiss president for 2017

Centre-right politician Doris Leuthard will serve as Swiss president next year, the parliament decided Wednesday in Bern.

Swiss voters reject ambitious time table for nuclear phaseout

Switzerland will not adopt an ambitious time table for taking the country's five nuclear power plants off the grid by 2029, a 54-per-cent majority of Swiss voters decided Sunday.

Swiss defend title of world's richest people

The Swiss are the richest people in the world, with an average wealth of 561,900 dollars per adult, Credit Suisse said in its annual global wealth report on Tuesday, confirming Switzerland's top ranking for the 16th year in a row.

Swiss take countrywide bird flu precautions as virus route emerges

Poultry farmers across Switzerland have been ordered to feed their animals indoors to halt the outbreak of bird flu that has spread in several European countries, the Swiss veterinary authority said Tuesday.

Depay lifts Dutch 3-1 past Luxembourg; Swiss remain perfect

Substitute Memphis Depay spared the Netherlands blushes on Sunday with a second-half brace for a 3-1 win in World Cup qualifying at minnows Luxembourg.

Medjimurje wins prestigious tourism award

Croatia's northern Medjimurje region has won the Swiss Tourism Award (STA) for the promotion of quality tourism, protection and positioning of natural and cultural heritage, promotion of competitiveness and excellence in services and products, and for presentation to the Swiss public, the Croatian National Tourist Board (HTZ) has reported.

UN chief Ban sees Cyprus solution "within reach" at Swiss talks

The Turkish and Greek halves of Cyprus have come "within reach" of bridging the division of their island after more than 40 years, UN Secretary General Ban Ki-moon said Monday at the start of a decisive round of talks in Switzerland.

Turkey threatens to stop refugee deal before end of the year

Turkey will end its refugee deal with the European Union before the end of December if the EU does not soon ease visa restrictions for Turks, Ankara's Foreign Minister Mevlut Cavusoglu told Swiss newspaper Neue Zuercher Zeitung.

International talks on Syria in Switzerland end in silence

Talks between the United States, Russia, and regional stakeholders in the Syrian conflict ended Saturday evening in the Swiss city of Lausanne with no concrete results known.

Two die as Swiss army helicopter crashes on Alpine mountain pass

Two Swiss army pilots were killed Wednesday when their helicopter crashed on the St Gotthard mountain pass, air force commander Aldo Schellenberg said.

Swiss intelligence agency given greater surveillance powers

Swiss voters on Sunday gave their national intelligence service greater powers to spy on terrorist suspects and cyber criminals.

Swiss voters to decide on secret service's surveillance powers

Swiss voters went to the polls on Sunday to decide whether the national intelligence service should be granted greater powers to spy on terrorist suspects and cyber criminals.

Swiss probe Beckenbauer, ex-DFB officials over World Cup payment

Swiss prosecuting authorities have opened criminal proceedings against football great Franz Beckenbauer and former senior German football federation officials in connection with a payment made around the 2006 World Cup in Germany.

German lawmaker sees Britain's EU future on par with Turkey, Ukraine

Britain and its 27 EU partners face the thorny task of hashing out their future relationship after the country voted in June to leave the bloc - a complicated process that will take several years to complete.

Knife-wielding assailant dies after launching Swiss train attack

A female train passenger and the Swiss man who attacked her both died on Sunday, one day after he launched a knife and fire assault on a train in north-eastern Switzerland, police said.

Seven injured in knife, flame attack in Swiss train

A 27-year-old man armed with a knife attacked several train passengers, injuring seven, in the Swiss canton of St Gallen on Saturday.

Woman calls in false bomb alert in Geneva to stop husband from flying

A woman triggered a false bomb alert at the airport in Geneva because she wanted to prevent her husband from flying away, Swiss prosecutors said on Wednesday.

Solar plane lands in Abu Dhabi after record-setting world journey

Solar Impulse 2 became the first solar-powered aircraft to circle the globe when it touched down in Abu Dhabi early Tuesday, the mission's team said.

The Solar Impulse 2 aircraft

The Solar Impulse 2 was built to fly around the world, powered only by the sun.

Solar Impulse feat may fuel progress in aviation, experts say

The world trip of the Solar Impulse 2 airplane is not the dawn of sun-powered commercial air travel, but it has fuelled innovations in aviation and other areas, according to engineering experts.

Solar Impulse 2 leaves Cairo on final leg to Abu Dhabi

Solar Impulse 2 took off early Sunday for Abu Dhabi on the 17th and last leg of its around-the-world journey, after an unexpected delay in Cairo due to bad weather.

Solar plane takes off on penultimate leg of round-the-world trip

Solar Impulse 2 has taken flight across the Mediterranean Sea from southern Spain to Cairo, on the penultimate leg of its around-the-world journey.

El Al flight from New York lands safely in Tel Aviv after bomb alarm

An El Al Israeli passenger plane from New York landed safely in Tel Aviv on Tuesday, after a bomb alarm turned out to be false, a spokeswoman said Tuesday.

Bomb alert on Israeli airliner en route to Tel Aviv

There was a bomb alert on an Israeli passenger airplane that flew over Switzerland en route from New York to Tel Aviv on Tuesday, according to Skyguide, the company that monitors Swiss airspace.

Poland edge Switzerland on penalties to reach Euro 2016 quarters

Poland reached the quarter-finals of Euro 2016 with a 5-4 penalty shoot-out win over Switzerland in St Etienne Saturday, after their opponents rescued a 1-1 draw with a wonder-goal by Xherdan Shaqiri.

Switzerland not writing off shot-shy Lewandowski ahead of last 16

Poland's Robert Lewandowski has not found the net yet at Euro 2016 but Switzerland are aware he remains a major threat when the teams meet in the last 16 of the competition on Saturday.

First Atlantic crossing by solar plane a success; landing in Spain

A solar-powered plane made history Thursday by becoming the first such aircraft to successfully cross the Atlantic Ocean, the Solar Impulse team announced on Twitter.

Sun-powered plane takes off for trans-Atlantic leg of global trip

The Solar Impulse 2 took off from New York City on Monday for a sun-powered flight across the Atlantic Ocean expected to take 90 hours, beginning the next leg of its pilots' attempt to circumnavigate the world.

Switzerland reach last 16, France finish top of group

Switzerland qualified for the knock-out stages of the European Championship for the first time and France went through as Group A winners after a lively 0-0 draw between the sides on Sunday.

Swiss held 1-1 by Romania - fail to qualify early for last 16

Switzerland rallied to a 1-1 draw with Romania at Euro 2016 on Wednesday but the point wasn't good enough to see them qualify prematurely for the knock-out rounds for the first time.

Switzerland probes data leak at Mossack Fonseca's Geneva office

Swiss prosecutors have launched criminal proceedings after the law firm at the centre of the international Panama Papers tax scandal alleged that a computer at its Geneva offices was hacked, Swiss media reported Wednesday.

Swiss eye historic second Euro win to all but make knock-out stages

Switzerland are aware they need improvement in their second Euro 2016 game against Romania on Wednesday as they aim for victory and domestic football history.

Blatter: "I continue being president of FIFA"

Joseph Blatter believes he remains technically president of FIFA despite having been suspended from all activities related to football and replaced by the international football organization's ethics committee in December.

Early Schaer header gives Swiss win over 10-man Albania

An early header from Fabian Schaer after a mistake by the Albania goalkeeper gave Switzerland a nervous 1-0 win over their 10-man opponents in their Euro 2016 Group A opener on Saturday.

German and Swiss press: Croatian govt has practically toppled

German and Swiss press on Monday reported that the current Croatian government had practically toppled, and they generally pointed an accusing finger to Croatian Democratic Union (HDZ) leader and First Deputy PM Tomislav Karamarko.

Swiss reject unconditional basic income with huge majority

Swiss voters rejected the introduction of an unconditional basic income by 76.9 per cent to 23.1 per cent on Sunday.

Projections: Swiss reject unconditional basic income

First projections show that Swiss voters have rejected the introduction of an unconditional basic income by 78 per cent to 22 per cent, pollsters gfs.bern institute said on Sunday.

Pollster projects massive defeat for Swiss basic income referendum

A pollster projects a huge defeat for a referendum in Switzerland on whether to introduce an unconditional basic income.

World's longest rail tunnel opens in Switzerland

The world's longest railway tunnel was inaugurated in Switzerland by Swiss President Johann Schneider-Ammann, who highlighted the significance of the project for Europe.

World's longest railway tunnel inaugurated in Switzerland

The world's longest railway tunnel is inaugurated in Switzerland as the first two trains carrying 1,000 citizens enter the Gotthard Base Tunnel from the north and south.

Switzerland celebrates opening of world's longest rail tunnel

Celebrations to inaugurate the world's longest railway tunnel under the Swiss Alps started Wednesday as Christian, Muslim and Jewish clerics blessed the 57-kilometre tube.

Switzerland to open world's longest rail tunnel on key Alpine route

Switzerland is set to celebrate a world record Wednesday with the new Gotthard tunnel, built to boost cargo traffic in the Alps. But it may take years until the tunnel translates into a transport breakthrough.

Switzerland to ratify protocol on opening labour market to Croatians by 2017

Switzerland must ratify the protocol expanding its agreement on the free movement of workers with the EU to include Croatia by February 9, 2017, Swiss President Johann Schneider-Ammann said, as quoted by the swissinfo portal on Thursday.

High-speed train hits bus in Switzerland, injuring 17

At least 17 people were injured when a high-speed ICE train collided with a bus at a level crossing in Interlaken, Switzerland, police said Saturday.

Police: "Key suspect" in Cologne crimes arrested in Switzerland

A 19-year-old wanted on a European arrest warrant has been taken into custody in Switzerland and will be extradited to Germany for his role in crimes carried out in Cologne on New Year's Eve, police said Thursday.

Swiss parliament votes to expand freedom of movement protocol to include Croatia

A majority of lawmakers in the Swiss parliament on Tuesday voted in favour of expanding the freedom of movement protocol with the European Union to include Croatia, Swiss media said.

Geneva rejects Turkey's effort to remove anti-Erdogan photo

The city government of Geneva said it will not close an exhibition that features a photo linking Turkish President Recep Tayyip Erdogan to the death of a protester, defying Turkey's efforts to have a critical photograph removed.

Turkey requests removal of anti-Erdogan image from Geneva exhibition

The Turkish consulate has asked the city of Geneva to remove a photo from an exhibition that blames President Recep Tayyip Erdogan for the death of a protester, a city spokesman confirmed Monday.

Solar Impulse lands in California after three-day Pacific crossing

Solar Impulse 2, the single-seat solar-powered plane on a round-the-world flight, landed late Saturday in California after a three-day journey across the Pacific Ocean from Hawaii.

Reiner: Croats with same employment conditions in Switzerland as other EU citizens by summer

"We are trying to speed that up. However, I wish to stress that that protocol was never intended to be discriminating against Croatian citizens," she said.

Swiss financial watchdog steps into action after Panama Papers leak

The Swiss financial market authority FINMA said Monday it is launching a preliminary investigation in reaction to a massive data leak that links Swiss banks, among others, to offshore deals with wealthy and powerful clients.

Croatians to travel to Switzerland with ID cards as of March 11

As of next Friday, Croatian nationals will be able to travel to Switzerland for tourist purposes with valid ID cards, the Croatian Foreign and European Affairs Ministry said on Friday.

Swiss, EU agree to extend free movement deal to Croat workers

Switzerland and the European Union have signed a deal to include Croatia in an agreement on the free movement of workers.

Swiss voters reject tough right-wing plan on foreigner expulsions

A right-wing proposal to automatically expel all delinquent foreigners from Switzerland was voted down Sunday in a referendum that had come to be seen as a test of the Swiss legal and political system, public broadcaster SRF reported.

First projection: Swiss reject tough foreigner extradition law

A plan to expel any foreigner who commits a minor or serious crime receives a clear rejection from Swiss voters, a first projection from a referendum shows.

Swiss embassies to enable contact between Iran, Saudi Arabia

Switzerland will facilitate diplomatic contact between Iran and Saudi Arabia via its embassies, the country's Foreign Ministry said Sunday in Bern.

Credit Suisse to cut 4,000 jobs after massive loss

Credit Suisse will speed up its plan to cut 4,000 jobs, the major Swiss bank said Thursday, as it reported a net loss of 2.9 billion francs (2.7 billion dollars) in the last year.

UBS shares plummet despite 79-per cent annual profit rise

Major Swiss bank UBS said Tuesday that its net profit had jumped 79 per cent to 6.2 billion Swiss francs (6.07 billion dollars) last year, but the bank reported less solid growth in the fourth quarter.

Swiss doctors report separation of 8-day-old conjoined twins

Swiss doctors said Sunday that they had successfully separated conjoined twins only eight days after birth, adding that they were possibly the tiniest patients that have ever undergone such a surgery.

Schaeuble: EU must invest billions in countries of refugee origins

EU countries should spend billions of euros to build up crisis countries in order to reduce the flow of refugees to Europe, German Finance Minister Wolfgang Schaeuble said Thursday at the World Economic Forum in Davos.

Strong Swiss currency causes major loss for central bank

The Swiss central bank on Friday reported a loss of 23 billion Swiss francs (22.9 billion dollars) for 2015, due to appreciation of the national currency and a drop in the gold price.