Zurich's Green Building Director and President, Martin Neukom, commissioned a portrait of himself for 20,000 Swiss francs from public funds but subsequently rejected three different versions, raising questions about the unwanted artworks.
Even left-wing politicians in Winterthur, Switzerland, are opposing higher spending on teacher salaries, citing an additional 83 million Swiss francs in expenses. This issue is causing criticism among municipalities and dividing local representatives from their parties ahead of a crucial vote.
Doc Morris, the Swiss operator of the German online pharmacy, has accumulated nearly 750 million Swiss francs in losses over the past five years, leading to a plummeting stock price and pressure for radical changes from a Polish investor.
The euro saw a marginal decline of 0.02% against the US dollar, trading at $1.1781, while also showing rates against the yen, sterling, and Swiss franc.
AI company Anthropic is significantly expanding its operations in Zurich, attracting top artificial intelligence specialists with competitive salaries reaching up to 680,000 Swiss francs per year.
Zurich Children's Hospital continues to face financial pressure and a deficit of 4.7 million Swiss francs, despite receiving state assistance, prompting management to seek further measures and better tariffs.
A new initiative in Switzerland aims to impose a minimum 30 Swiss franc fee on short-haul flights, seeking to make train travel more appealing after a similar flight ticket tax failed in 2021.
Police in Switzerland are warning about criminals posing as electricity meter readers to gain access to homes and steal valuables. Over 30 cases have been registered, including one where a 93-year-old woman had jewelry worth 15,000 Swiss francs stolen.
Today's Albanian foreign exchange market sees the US dollar buying at 81.1 lek and selling at 82.5 lek, while the Euro is buying at 95.3 lek and selling at 96.1 lek. The Swiss Franc is buying at 102.8 lek.
Despite its own financial concerns, Canton Zurich plans to provide 16 million Swiss francs to Canton Jura to help close a payment gap, a move that is also financially beneficial for Zurich.
Police in Basel-Landschaft are offering a reward of up to 3,000 Swiss francs for information leading to the apprehension of an unknown assailant who robbed a gas station shop in Liestal on Tuesday evening.
Swiss banks are preparing to test potential applications for a Swiss franc stablecoin. This initiative explores new uses for digital currency within the country's financial sector.
A new construction project in Zurich highlights the interplay between land costs, construction expenses, rent, and returns, raising questions about the perceived high rent of 2900 Swiss francs for a new apartment. The cost of land is often identified as a key factor.
The winners of the Swiss Press Photo 2026 awards have been revealed, with the main recipient set to receive 25,000 Swiss Francs at a ceremony in Bern on April 24, 2026.
The Swiss Franc continues its upward trend, leading to ongoing criticism of the Swiss National Bank, with its strength attributed to geopolitical instability, safe-haven status, and trust in Switzerland.
Unknown perpetrators broke into a car dealership in Sonnental, Switzerland, on Saturday night, stealing two luxury cars valued at 200,000 Swiss Francs and fleeing in them.
For the first time, political parties in Bern, Switzerland, have disclosed their election campaign budgets, revealing that the SP and FDP have significantly larger budgets, exceeding 600,000 Swiss francs, compared to the SVP's 182,000 francs.
A former policeman was found guilty by a court for stealing over 350,000 Swiss francs from parking meters over several years to gamble the money in casinos.
A Swiss pizzeria, Mamma Assunta, incurred over 50,000 Swiss francs in losses last year due to customers not honoring reservations and is now introducing fees to counteract the problem.
War and inflation are driving the Iranian population to ATMs, leading to the introduction of a new 10 million Rial banknote to alleviate cash shortages, though many still face empty machines. The new note is reportedly only worth 5.50 Swiss Francs.
Influencer Wemmse, who also works as a teacher, has revealed her income on TikTok, stating it is higher than 85,000 Swiss francs annually but less than a federal councilor's salary. She has hundreds of thousands of fans on the platform.
FIFA has fined the Israel Football Association 150,000 Swiss francs ($190,000) for discrimination, racist abuse, and fair play violations, but declined to act on calls for a Palestinian suspension.
The Court of Justice of the European Union (TSUE) is examining whether a strict application of the statute of limitations could unduly hinder Polish 'frankowicze' (Swiss franc mortgage holders) from exercising their rights to challenge loan agreement terms.
The Swiss National Bank has decided to maintain its key interest rate, citing ongoing concerns about the appreciation of the Swiss franc, as reported by the Wall Street Journal.
The Swiss National Council has decided that individuals visiting the emergency room without a written referral will be charged a flat fee of 50 Swiss francs, a measure aimed at reducing unnecessary emergency visits.
The Swiss Federal Institute of Technology (ETH) is planning a new branch in Zug, Switzerland, with an investment of 110 million Swiss francs. The facility will be part of the Tech Cluster Zug, aiming to bring together students, professionals, and researchers to work on real-world challenges from industry and society.
An expanded panel of the Croatian Supreme Court is set to make a final decision on the rights of consumers who converted their Swiss franc loans to euros, addressing whether they are entitled to full compensation.
Dieter Haller, the former president of the SVP Lucerne, admitted in court to embezzling 25,000 Swiss francs from party funds and now faces expulsion from the party.
Today's exchange rates in the Albanian foreign exchange market show the US dollar buying at 82.1 Lek and selling at 83.1 Lek, while the Euro is buying at 95.7 Lek and selling at 96.4 Lek. The Swiss Franc is buying at 105.5 Lek.
The lower house of the Swiss parliament approved a one-time payment of 50,000 Swiss francs to survivors and grieving families of the Kran-Montana ski resort fire. The New Year's Eve blaze killed 41 people and injured 115.
The lower house of the Swiss parliament has approved plans to pay a one-time compensation of 50,000 Swiss francs to survivors and grieving families of a tragic ski resort fire in Crans-Montana. The fire resulted in 41 deaths and 115 injuries.
Swiss voters have supported a measure to enshrine the right to use Swiss franc banknotes and coins in the country's constitution, aiming to preserve the use of cash in society.
Jacek Szymczak argues that issues surrounding transmission easement in Poland should not become a battleground for lawsuits or a source of easy profit for compensation law firms, distinguishing them from the 'Swiss franc loans' problem.
A public vote in Zurich is almost certain regarding a proposal to set salaries for new teachers at 100,000 Swiss francs, a move that conservative parties have warned could financially overwhelm many municipalities.
A former police chief in Laufen, Switzerland, appeared in court on March 25, accused of embezzling 480,000 Swiss francs from a parking meter since 2003, reportedly due to a gambling addiction.
The Euro gained 0.14% against the US Dollar, reaching 1.1814 dollars on Friday, February 27, with further movements noted against the Yen, Sterling, and Swiss Franc.
Switzerland has frozen 687 million Swiss francs linked to individuals within Venezuelan President Maduro's circle, as part of efforts to combat illicit financial flows.
Rolex set new records in 2025, with sales surpassing 11 billion Swiss francs (over 12 billion euros), despite a reduction in production. This performance solidifies its dominance with a third of the S
The strengthening Swiss Franc, driven by its status as a safe haven for investors, is creating a familiar dilemma for the Swiss National Bank, raising the specter of negative interest rates.
The Swiss Confederation will pay a unique solidarity contribution of 50,000 Swiss francs (54,750 euros) to all those injured and to the relatives of those who died in the Crans-Montana fire.
The Swiss Federal Council will provide 50,000 Swiss francs in solidarity payments to the victims of the Crans-Montana fire disaster, aiming to express sympathy and help them avoid lengthy legal processes.
An article explores the historical factors and economic stability that have contributed to the Swiss franc becoming one of the world's most trusted currencies.
A report highlights the significant tax benefits available in Switzerland for individuals who fill pension gaps after a divorce, potentially saving over 100,000 Swiss francs, though not everyone can benefit.
A 26-year-old woman in Plav, Montenegro, has been arrested for allegedly stealing over 70,000 euros, 1,100 dollars, and 300 Swiss francs from a 70-year-old man's house. She reportedly used the stolen money to buy a vehicle for her partner and luxury clothes for herself, with police recovering more than half of the stolen funds and the vehicle.
The majority of 27,000 active Swiss franc loan holders in Greece are awaiting a decision from the Supreme Court regarding the ongoing process of converting their loans into euros.
Green government councillor Martin Neukom commissioned three portraits from artist Hans Witschi, but was left speechless and rejected the artworks upon seeing them, resulting in a 20,000 Swiss Franc loss.
Michael Schaepman, Rector of the University of Zurich, stated that the current 720 Swiss Francs tuition fee is arbitrary but expressed opposition to increasing student contributions. He also suggested that foreign students should commit to staying in Switzerland after graduation instead of facing higher fees.
The Albanian foreign exchange market shows today's buying and selling rates for major currencies like the US Dollar, Euro, and Swiss Franc against the Albanian Lek.
The Euro has fallen by 0.06% against the US Dollar, trading at $1.1790, while also showing movements against the Japanese Yen, British Pound, and Swiss Franc in the foreign exchange market.
Geopolitical tensions are negatively impacting the Polish Złoty, leading to its weakening against major currencies like the US Dollar and Swiss Franc as global market sentiment cools.
Many Polish borrowers with Swiss franc loans, whose agreements have been declared invalid, may still be required to return undue tax relief to the fiscal authorities. This complicates the financial situation for 'frankowiczów'.
Following Switzerland's vote to enshrine the Swiss franc in its constitution, a new popular initiative in Liechtenstein is pushing for the right to pay with cash to be legally protected.
A woman in Switzerland has been fined 1080 Swiss francs for animal cruelty after her two cats were found living in a heavily trashed and neglected apartment without adequate food or water.
Massive disturbances occurred after a cup match in Aarau, Switzerland, resulting in 200,000 Swiss francs in property damage. Police are now searching for those responsible.
A landlord in Switzerland discovered his apartment completely destroyed by a tenant, filled with piles of trash, foul odors, and parasites, leading to renovation costs exceeding 100,000 Swiss francs.
Today's foreign exchange market in Albania shows the US dollar buying at 82.2 Lek and selling at 83.4 Lek, with similar rates provided for the Euro, Swiss Franc, and British Pound.
After a Swiss franc loan agreement is legally annulled, borrowers and banks must settle mutual claims. This process involves careful consideration of compensation agreements to avoid further complications.
Zurich cantonal police arrested two gold dealers, aged 25 and 26, during checks in Dübendorf, seizing jewelry and several thousand Euros and Swiss Francs on suspicion of fraud.
Anton Piëch is reportedly selling his father's one-of-a-kind Bugatti La Voiture Noire, one of the world's most exclusive cars, for approximately 23 million Swiss francs, equivalent to about 25 million Euros.
On the Albanian foreign exchange market, the US dollar is being bought for 82.4 lek and sold for 83.4 lek, while the euro is bought for 95.6 lek and sold for 96.3 lek, with Swiss franc rates also provided.
Polish courts are increasingly restricting financial claims made by banks against 'Frankowiczów' (Swiss franc loan holders) after their loan agreements are invalidated, a move highlighted by a recent ruling dismissing a lawsuit from the SBB leader, aiming to stabilize client-bank relations.
Today in the Albanian foreign exchange market, the US dollar is being bought at 82.8 Lek and sold at 83.8 Lek, while the Euro is bought at 95.6 Lek and sold at 96.3 Lek. The Swiss Franc is bought at 104.5 Lek and sold at 105.2 Lek.
An 11-year-old girl named Polly has become the main owner of agricultural land valued at over 23 million Swiss francs, sold by her Danish count grandfather to a family company.
FIFA has fined the Israeli Football Association (IFA) 150,000 Swiss francs for failing to act against racist behavior, a breach of its anti-discrimination
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A 22-room luxury villa with a park and two pools located above Lake Biel has been sold for 5.7 million Swiss francs, though it requires significant renovation.
The Franak Association has stated it does not want a compromise with banks ahead of a crucial Supreme Court decision regarding consumer rights for converted Swiss franc loans, warning against public narratives favoring banks.
A man from Bergdietikon, Switzerland, died without a will or heirs, resulting in over 1.5 million Swiss francs being transferred to the canton and municipality.
Switzerland is facing a debate over raising the retirement age to address a projected 62 billion Swiss franc deficit in the AHV fund by 2055, partly due to the introduction of the 13th AHV pension.
Approximately 5,000 out of 38,000 Greek borrowers with Swiss franc loans have received certification to convert them to euros with a discount based on the current exchange rate, as a deadline for eligibility approaches.
The Young Socialists (Juso) in Canton Bern are advocating for a reduction in government council salaries to 7,000 Swiss francs per month, a proposal rejected by conservative parties who cite the high responsibility of the office.
Jonas Lauwiner, known as the 'King of Switzerland' for owning numerous formerly ownerless properties, is auctioning off a disputed path in Geuensee, Lucerne, with a minimum bid of 5,000 Swiss francs, following a local dispute.
The euro has shown strength in the foreign exchange market, rising by 0.20% against the dollar to trade at 1.1659 dollars. It also recorded specific exchange rates against the Japanese yen, British pound, and Swiss franc.
The lower house of the Swiss parliament has approved plans for a one-time payment of 50,000 Swiss francs to survivors and grieving families of the Crans-Montana ski resort fire, which killed 41 people and injured 115.
The Swiss lower house approved plans to pay a lump sum of 50,000 Swiss francs to survivors and families of those who died in a bar fire in Crans-Montana.
Swiss voters overwhelmingly supported a referendum to enshrine the right to make cash payments in the constitution, with 73.4% voting in favor of securing the use of Swiss franc banknotes and coins as an alternative.
Martin Hoffmann, CEO of the company On, earned nearly ten million Swiss francs last year, with the company attributing the increase to his assumption of additional leadership roles.
Two German individuals are accused of posing as handymen to gain entry into the homes of elderly people in 18 cases, stealing valuables worth nearly 300,000 Swiss francs.
Futures Tumble As Iran War Sends Oil, Gold And Dollar Sharply Higher
US equity futures and global stocks tumbled, the dollar and gold rallied and oil soared as military strikes intensified across the Middle East, sending oil to its biggest surge in four years and stoking concern that faster inflation could weigh on the global economy. AS of 8:10am ET, S&P 500 futures are down more than 1% - but off overnight lows - after the cash index fell nearly 1% over the previous two tradin...
Irma Frei, a former forced laborer in a weapons factory during WWII, will receive 25,000 Swiss francs in compensation from Schaffhausen after a long fight for justice.
Two Romanian men have been arrested in the Siders region of Switzerland, suspected of committing nearly 30 burglaries since November 2024 and stealing over 130,000 Swiss francs worth of goods.
The Federal Prosecutor's Office has charged several individuals, including a former SBB department head, suspected of embezzling around 9 million Swiss francs over several years through false invoices.
A German company has launched a digital Swiss franc, leveraging EU law, as strict anti-money laundering regulations in Switzerland prevent Swiss firms from issuing their own franc-backed stablecoins.
Today's foreign exchange market in Albania shows the US dollar buying at 81.1 Lek and selling at 82 Lek. The Euro is buying at 96 Lek and selling at 96.6 Lek, while the Swiss Franc and British Pound also have updated rates.
The Ministry of National Economy and Finance stated that no violation of EU law was found against Greece concerning contracts for Greek borrowers in Swiss francs. This statement addresses recent publications on the matter.
Switzerland has announced a one-time payment of 50,000 Swiss francs (approximately 56,000 USD or 55,000 EUR) to severely injured survivors and grieving families of victims from the New Year's Eve fire in a Crans-Montana ski resort bar.
The Republic of Moldova will receive a non-reimbursable grant of 300,000 Swiss francs (approximately 6.6 million lei) from the International Federation of Red Cross and Red Crescent Societies (FICR) to support temporary placement centers for Ukrainian refugees.
The Swiss army was unable to spend 350 million Swiss francs last year, leading to a portion of the funds being redirected towards federal debt reduction.
A 26-year-old woman from Plav, Montenegro, was arrested on suspicion of stealing 70,000 euros, 1,100 dollars, and 300 Swiss francs from a 70-year-old man, reportedly using some of the money to buy a car for her boyfriend.
In the Albanian foreign exchange market, the US dollar is being bought at 80.2 lek and sold at 82 lek, while the Euro is bought at 95.3 lek and sold at 96 lek. The Swiss Franc exchange rate was also updated.
A 21-year-old driver, reportedly suffering from fatigue, veered into oncoming traffic and collided with a tractor, causing 30,000 Swiss francs in damage and sending the tractor driver to the hospital.
The sale of Claraspital has reportedly brought 530 million Swiss francs to the Ingenbohl monastery, as revealed by the university hospital's balance sheet.
Swiss International Air Lines is introducing new cancellation fees, potentially up to 1500 Swiss francs, for its Flex-tariff tickets due to frequent use of the flexibility option.
The operators of the Würenlos rest stop in Switzerland have enforced a court-ordered parking ban, with fines up to 2000 Swiss francs. This measure targets cars and trucks that repeatedly occupy parking spaces designated for tour buses.
Polish taxpayers who won court cases declaring their Swiss franc mortgage agreements invalid must now add the refunded interest, previously deducted as tax relief, back into their annual income.
Hundreds of individuals marched through Bern on Sunday night in an unauthorized demonstration against the city's "commercial plans." The protest resulted in tens of thousands of Swiss francs in damages.
A city, likely in Switzerland, has collected approximately 12,000 Swiss francs in fines within 20 days due to new parking regulations that penalize cars parked in motorcycle spots.
The Zurich City Parliament approved additional annual subsidies of 7.3 million Swiss francs for the Kunsthaus Zürich. In return, the art museum will offer free entry to the public, though the debate revealed deep distrust towards the museum's leadership.
The canton of Zug in Switzerland estimates it will cost around 10 million Swiss francs to clean up soil heavily contaminated with PFAS chemicals from firefighting foam at the An der Aa site.
Swiss banks are reportedly preparing to test various use cases for a stablecoin pegged to the Swiss franc. This initiative aims to explore the potential applications of digital currencies in the Swiss financial sector.
A recent analysis reveals that the strong Swiss Franc allows Swiss tourists to get significantly more value for their money in various destinations, including Japan and Canada.
A family is seeking 61 million Swiss francs in compensation following a tragic fire at a New Year's party in Crans Montana, Switzerland, which killed over 40 young people. The case is now moving to the courts.
Switzerland is discussing how to finance a proposed 31 billion Swiss franc increase for its army budget over the next ten years, with suggestions ranging from VAT hikes to humorous ideas like advertising on tanks.
The euro fell by 0.58% against the dollar, trading at 1.1527 dollars on Thursday, April 2nd, with further movements against the yen, sterling, and Swiss franc.
Ahead of a Supreme Court ruling, the Croatian Franak Association is demanding full compensation for victims of converted Swiss franc loans, arguing that banks should return all damages, not just interest.
An analysis of nearly 26,000 cases by Druga Fundacija reveals that Croatian courts are delivering drastically different judgments in almost identical disputes concerning Swiss franc loans.
Two brothers attempted to save money at Ikea by swapping price labels, paying only 16 francs instead of 800, but were ultimately caught and fined 16,600 Swiss francs.
The euro saw a 0.12% decline against the dollar, trading at 1.152 dollars on Friday, March 27, with further movements against the yen, sterling, and Swiss franc also reported.
NZZ achieved an adjusted operating profit of 12.7 million Swiss francs in fiscal year 2025, announcing the sale of its remaining 35% stake in CH Media and an increase in its share in outdoor advertising company APG.
Remo Kaufmann, owner of Hotel-Restaurant Ronalp in Bürchen VS, is offering a 100,000 Swiss Franc reward to anyone who can find a buyer for his struggling establishment.
The Albanian foreign exchange market saw the US dollar bought at 82.4 lek and sold at 83.4 lek, while the euro was bought at 95.6 lek and sold at 96.3 lek. The Swiss franc's rates were also reported.
After years of disputes and multi-billion expenditures, the Polish banking sector is seeing the financial impact of Swiss franc loans begin to wane, though the problem has not entirely disappeared.
Borrowers with Swiss franc loans in Greece are facing increased costs due to the currency's strengthening against the euro, bringing exchange rate risk back into focus, though a new regulation offers a reduction in installments by up to 42%.
Roman Giertych's law firm allegedly earned 8.7 million PLN from Getin Noble Bank for an agreement aimed at delaying lawsuits related to Swiss franc loans, with an associate reportedly blocking a class action for four years.
Swatch Group CEO Nick Hayek has raised concerns about the strength of the Swiss franc, stating that the watch industry cannot continue under current conditions. He criticizes the Swiss National Bank's restraint, noting that the industry already faces tariffs, war, and weak demand in China.
Dieter Haller, the former president of the SVP party, has been convicted of embezzling 25,000 Swiss Francs, leading to a party vote on his potential expulsion.
A planned increase in Switzerland's value-added tax (VAT) to 9.6 percent is facing opposition. New calculations suggest that households could face additional annual expenses of up to 1400 Swiss francs.
Stefan Bollinger, CEO of Bank Julius Baer, received 24 million Swiss francs last year, which is 10 million francs more than the salary of UBS CEO Sergio Ermotti.
Economiesuisse, the Swiss business federation, budgeted 1.2 million Swiss francs to campaign against a climate fund initiative that was rejected on March 8th. The significant expenditure is raising questions in the Federal Palace, especially since the initiative had little chance of passing from the outset.
Global markets are reacting to the conflict in the Middle East, causing the dollar and Swiss franc to strengthen while the Polish zloty significantly depreciated on Friday morning.
Switzerland has reported a significant 43% increase in arms exports for 2025, reaching 948.2 million Swiss francs (1.04 billion euros), despite existing restrictions and following two consecutive years of decline.
The Swiss export industry, particularly the tech sector, is concerned about thousands of job losses due to multiple crises, bleak future outlooks, and the Swiss franc's strength, which is at a long-term high.
The lower house of the Swiss parliament approved a one-time payment of 50,000 Swiss francs to survivors and grieving families of the Crans-Montana ski resort fire, which killed 41 people and injured 115.
Today's foreign exchange market in Albania shows the US dollar buying at 82 Lek and selling at 83 Lek, the Euro buying at 95.6 Lek and selling at 96.3 Lek, the Swiss Franc buying at 105.5 Lek and selling at 106.5 Lek, and the British Pound buying at 110.1 Lek.
The Euro briefly fell below 90 Rappen against the Swiss Franc, reaching a new low. Although the exchange rate has since recovered, the Swiss tech association Swissmem has raised concerns and called for measures.
Traditional safe havens — Treasuries, the yen, the Swiss franc, and gold — have offered investors no refuge as the Middle East conflict roiled markets this week.
A 39-year-old man was stopped on an ICE train to Vienna with 150,000 Euros and Swiss Francs, which he could not explain the origin of, leading to a police investigation for money laundering.
A British product manager is facing charges of illegal business practices and money laundering for allegedly selling medical products through his employer for a personal profit of 430,429 Swiss Francs.
A pop-up of the Japanese label Elly Amai sells fruit in boxes in Los Angeles for the equivalent of sometimes 80 Swiss francs, with the cheapest fruit platter costing 50 Swiss francs.
A teacher named Chloé was defrauded of 25,000 Swiss francs in a cyber scam, but her bank has refused to accept liability, raising questions about customer risk in the face of booming cyber fraud.
Police in the canton of Graubünden, Switzerland, arrested two suspected drug dealers and secured one kilogram of cocaine valued at 70,000 Swiss francs.
The European Commission has issued an opinion regarding Swiss franc loans, which is of particular interest as thousands of Greek households are in the process of joining a regulation for these loans.
No violation of EU law has been found concerning contracts for Greek borrowers with loans in Swiss francs, following an investigation into potential breaches of European Union law.
The Swiss government announced a one-time payment of 50,000 Swiss francs (approximately 54,575 euros) to seriously injured survivors of the Crans-Montana fire.
The Euro strengthened by 0.20% against the dollar, reaching 1.1795 dollars, and also saw gains against the yen, sterling, and Swiss franc on Wednesday, February 25.
Montenegrin police arrested a 26-year-old woman suspected of stealing 70,000 euros, 1,100 dollars, and 300 Swiss francs from a 70-year-old man's house.
The relentless appreciation of the Swiss Franc, a safe-haven currency, is alarming Swiss companies due to fears about its negative impact on their sales and profits.