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S U B S C R I B E
Monday, 23 April, 2012
Is Switzerland engulfed in 'economic warfare'?
UBS CEO Sergio Ermotti says Switzerland is “stuck in the middle of economic warfare.” UBS is Switzerland’s biggest bank, but Ermotti says tax disputes could weaken the country’s banks—costing thousands of jobs. Alex Helmick asks economist and journalist Beat Kappeler if Ermotti is overstating his case:
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Comments
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The natural state of our economy is prosperity. The only force capable of undermining our economy is a government that believes it has the right to micro-manage and manipulate it.
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