Switzerland

Swiss could pay off COVID debt pile over 15 years
Markets

Swiss could pay off COVID debt pile over 15 years

  • If all goes "very, very, very well", the extra debt the state is taking on to help fund short-hour work schemes and aid to businesses could hit 20 billion Swiss francs.
  • The government said this week it anticipates a budget deficit of around 1 billion francs next year.
Published 04 Jul, 2020 05:10pm