The government of Geneva is forecasting a deficit of CHF 256 million for the 2024 budget.
It announced yesterday that while 256 million sounds like a great deal, it is actually only about half the deficit budgeted for the current year, which amounts to CHF 476 million.
The 2024 budget still has to be approved by the Grand Counsel.
Geneva’s annual budget is around CHF 10 billion.
Its current debt amounts to a little under CHF 11 billion.
Snow triggers chaos at the Gotthard Tunnel
There was traffic chaos at the Gotthard Tunnel after heavy snowfall yesterday.
Fuel prices up
Fuel prices are on the rise again, according to new figures from the Touring Club Switzerland.
Calls for stricter rules for cyclists and motorbikers
A Bern politician is pushing for stricter safety rules for cyclists and motorcyclists.
Geneva to pay wine growers not to grow
Authorities in Geneva are proposing a new support scheme for struggling winegrowers, aimed at preserving vineyards without forcing production.
US diverting Swiss defence payments
Switzerland’s defence procurement row with the United States is deepening.
Geneva and Jura may build a joint prison
In what would be first, two cantons may build a joint prison.
