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THE WEEK IN SWITZERLAND

Six big news stories from Switzerland you need to know about this week

Russia's cyberattacks on Swiss government websites and deadly explosion near Zurich are among the Swiss news The Local reported this week. You can catch up on everything in this weekly roundup.

Six big news stories from Switzerland you need to know about this week
You too can cheer on Switzerland's football team. Photo by Marco BERTORELLO / AFP

Government will have to implement measures to cut the cost of health insurance

After Swiss voters rejected two initiatives to curb the price of obligatory health insurance premiums on June 9th, it is now up to the Federal Council and the cantons to step in with their own counter-proposals.

These measures provide for various ways to curb the cost of premiums, including earmarking a portion of public budgets for premium reductions for low-income families, as well as setting up a commission for monitoring costs and quality of health insurance. 

Switzerland’s international schools are most expensive in Europe

Ninety-four schools in 10 Swiss cities are geared specifically to students whose parents are foreign nationals and want their children to get an international education that is recognised abroad more widely than a solely Swiss schooling is — especially outside the EU.

But according to a  new survey carried out by International Schools Database, which researches and compares schools in cities across the world, the cost of tuition and other services at these schools (such as extra-curricular activities, for instance), is higher than in international institutions across Europe.
 
READ ALSO: Why are international schools in Switzerland the most expensive in Europe? 

Russia launches cyberattacks on Swiss government websites

Just as Switzerland is preparing to launch a high-level summit on peace in Ukraine, its websites had been hit by a wave of cyberattacks.

Russia is suspected to be at the origin of these actions.

The government said, however, that these attacks were expected and are presumed to be in connection with the summit. They resulted in minor outages but the operation of the affected units was not significantly affected.

READ ALSO: Swiss government hit by cyberattack ahead of Ukraine peace summit 

Deadly explosion in an underground garage
 
Two people died, and 11 were injured in a town near Zurich when powerful fireworks exploded in the underground car park of an apartment building. 

The incident happened in Nussbaumen, in canton Aargau.

But while the cause of the blast is known, investigators are looking into how exactly the incident occurred.
 
READ ALSO: Two killed after explosions in Swiss underground garage 

Buying property could become less expensive

Thanks to falling mortgage interest rates — due mostly to two key rate cuts still expected from the Swiss National Bank (SNB) — mortgages are now significantly lower than they were at this time in 2023.

Many are now below 2 percent and they are expected to drop further by the beginning of 2025.

This is already the case in the cantons of Bern, Solothurn, Aargau, Schaffhausen, and Thurgau, as well as in certain areas of Vaud, Fribourg, and Valais, where buying a home is also already cheaper than renting.

READ ALSO: Property prices in Switzerland set to become (slightly) more affordable 

And also:
 
Have you caught football fever yet?

It is not dangerous to our health but its cure is straight-forward: you must watch the EURO 2024 games.
 
Whether indoors or outside, there are many opportunities to cheer on the Swiss ‘Nati’ which, depending on the linguistic region where you live could be ‘Hopp Schwiiz,’ ‘Hop Suisse,’ or ‘Hop Svizzera.’

READ ALSO: Where you can watch Euro 2024 in Switzerland 
 
 

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For members

THE WEEK IN SWITZERLAND

Six big news stories from Switzerland you need to know about this week

Attack on a US tourist in Lausanne and criticism of English courses in Swiss schools are among the news The Local reported this week. You can catch up on everything in this weekly roundup.

Six big news stories from Switzerland you need to know about this week

Criticism against English lessons in elementary schools

Switzerland’s Liberal-Radical party (FDP) have come up with a radical proposal to scrap English and French lessons for primary school children, arguing they do more harm than good.

The party’s claim is that children at that age (typically between eight and 11) need to master their own mother tongue as a priority and learning other languages was holding them back from doing this — especially given Switzerland’s recent poor scores in the global PISA rankings for language and reading.
 
READ ALSO: Why is there a move for Swiss schools to abandon ‘useless’ English lessons?

US tourist in Lausanne stabbed with a knife

Even though crime rate in Lausanne is low, and it, along with other Swiss cities, is comparably safe, a woman visiting from the United States was stabbed in a shoulder during an unsuccessful attempt to steal her bag.

Even though the passersby and local shopkeepers tries to intercept the attacker, he managed to escape.

He was, however, caught and arrested shortly thereafter. 

Police said the perpetrator was known for prior criminal acts.

READ ALSO: American tourist ‘violently attacked’ in Lausanne 

Swiss TV license fee to become cheaper

The current fee (also referred to as ‘tax’) of 335 francs a year per household will drop to 312 francs by 2027, and then to 300 francs from 2029.

The main goal of this reduction is to alleviate the financial burden that the license fee places on many households and businesses alike.

This tax has been dropping gradually over the years, from the all-time high of 451 francs.

READ ALSO: Switzerland to lower the obligatory TV license fee 

Swiss interest rates drop, signalling lower rents

After slashing its interest rates in March, Swiss National Bank again lowered the rate by quarter percent, bringing it down to 1.25 percent.
 
This means that inflation rate has fallen to an acceptable level, and it is also a positive sign for many tenants in Switzerland who will see their rents decline as a result of the cut in interest rates.

Consumers in general will also be able to benefit in terms of lower interest on mortgages and other loans.

READ ALSO: Swiss central bank cuts rate for second straight time 

Switzerland ranked as Europe’s most competitive economy

In its new annual ranking, the IMD Business Institute named Switzerland Europe’s top nation, and the world’s second-best, in terms of competitiveness. 

It is in the first place in terms of government efficiency, public finance and institutional organisation.

Additionally,it is at the top for its infrastructure, particularly for health services, environment, as well as educational system.

Switzerland also scores relatively high for productivity and efficiency, as well as infrastructure for scientific research.

And also:

If you are wondering how Switzerland’s employment laws compare to workers’ rights in the United States —  the two are, literally and figuratively worlds apart.

They differ in terms of annual paid leave, health benefits. and many other benefits as well.
 
You can find out more information about it here:
 
READ ALSO: Six ways working in Switzerland is better than in the US 
 

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