The Swiss National Bank has raised interest rates in an effort to curb inflation.
At a press conference yesterday, the bank says rates will climb by 50 basis points to 1.5%.
Inflation is high by Swiss standards, at 3.4% – although still lower than the US and European countries.
The bank is also warning that growth is likely to stay subdued for the rest of the year.
It says that’s down to lower international demand and a cut in consumer spending power due to inflation.
Major 5 year works plan starts in Geneva next year
Geneva residents are being warned a five-year programme of works to spread geothermal energy starts next year.
Home owner tax on brink of abolishment - or not
Is the much-maligned tax that home owners have to pay on the way out – or not?
Boy killed by bus in Vaud
A young boy was killed in canton Vaud on Tuesday evening after he was hit by a bus.
Quagga mussel found in Lake Zurich for first time
The invasive quagga mussel is continuing to spread.
Police officer pardoned of speeding
A police woman has been pardoned for a speeding offence dating from 2017.
Final - Geneva shops will open this Sunday
Shops in Geneva will be open this Sunday.
