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TODAY IN SWITZERLAND

Today in Switzerland: A roundup of the latest news on Tuesday

Less cash is in use in Switzerland; cantons with highest rents; and more news in our roundup on Tuesday.

Today in Switzerland: A roundup of the latest news on Tuesday
Fewer 1000-franc bills are in use in Switzerland. Photo: Pixabay

Cash use in Switzerland has dropped significantly

Fewer large banknotes are in circulation in Switzerland.

For instance, some 13 million 1000-franc notes have been returned to the Swiss National Bank in recent months, the Tages Anzeiger reported on Monday. 

And even more commonly used denominations of 100 and 200 francs have become less popular over time.

One of the reasons for this phenomenon is that an increasing number of Switzerland’s residents prefer cashless payment methods like credit and debit cards, as well as Twint.

READ ALSO: Can you live in Switzerland cash free? 

SBB to run 49 additional Ticino-bound trains on Easter weekend

Each Easter, Switzerland’s southern-most canton experiences an influx of travelers from other Swiss areas.

This year will be no different, so the national railway, SBB, is adding 49 trains to circulate between the Swiss-German part of the country and the Italian-speaking canton.

Some of the trains will run through the Gotthard Base Tunnel, which has partially re-opened to traffic after an accident caused its closure in August 2023. 

The SBB recommends seat reservations for all trains this Easter.

READ ALSO: Why is Ticino Switzerland’s favourite Easter destination? 

Canton Zurich set to begin cannabis consumption trial

After the cities of Basel, Lausanne, and Zurich, the canton of Zurich will launch the controlled sale of cannabis on May 2nd. 

With 7,500 participants expected to take part, it will be the largest pilot project of this kind in Switzerland.

The University of Zurich and the Zurich Polytechnic Institute (ETH) are responsible for the scientific evaluation of the project, which has been authorised by the Federal Office of Public Health (FOPH).

The study is expected to last five years and will cost around 1.4 million francs, Paul-Lukas Good, president of Swiss Cannabis Research, said on Monday.

The goal of the project is to research the social and economic consequences of cannabis consumption.

READ ALSO: Switzerland’s current rules on cannabis 

Zug has Switzerland’s highest rents

This is what emerges from a new study released on Monday by the Federal Statistical Office. (FSO). 

This analysis reveals that the average rent in that canton is about 1,850 francs.

Zurich is in the second place (1,654 francs), followed by Schwyz (1,616).

Rents in five other cantons are also above the Swiss average of 1,412, francs.

They are Geneva (1,504); Nidwalden (1,495); Basel Country (1,468); Vaud (1,416); and Aargau (1,415).

If you have any questions about life in Switzerland, ideas for articles or news tips for The Local, please get in touch with us at [email protected]
 

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TODAY IN SWITZERLAND

Today in Switzerland: A roundup of the latest news on Friday

Foreigners worried about a letter revoking their residency rights; Swiss salaries are higher but don't go far; and more news in our roundup on Friday.

Today in Switzerland: A roundup of the latest news on Friday

‘You must leave Switzerland’: government warns against a fake immigration letter

A number of foreign nationals, especially in the German-speaking part of the country, have received an official-looking letter, purportedly from the State Secretariat for Migration (SEM) informing them that the Free Movement of People agreement between Switzerland and the EU has been lifted, and therefore “your residence permit has been revoked.”

Faced with enquiries from concerned recipients, SEM responded that the letters are fake, advising recipients to ignore it and, above all, not to click on the QR code on the top.

Swiss consumers have more money, but less purchasing power

In 2023, nominal wages in Switzerland  had increased more than in the previous four years. However, inflation has eroded purchasing power.

This is a finding of the Swiss Wage Index study published by the Federal Statistical Office (FSO) on Thursday.

In general, the increase in nominal wages in 2023 was slightly less strong than the evolution of inflation last year.

The increase in prices, linked in particular to the higher electricity and fuel costs, as well as the more expensive rents, resulted in inflation rate of 2.1 percent at the end of 2023.
 
Therefore, the purchasing power of wages had decreased by 0.4 percent on average.

Migros will sell hamburgers made from beer waste

Swiss brewery Chopfab has teamed up with a start-up company to produce vegan burgers. They will be made from beer by-products.

The basic idea is simple: brewing beer generates waste called “dregs.” Rather than being thrown away, they will find a second life in meatless burgers.

“This process would be unique in the world and would guarantee the impeccable freshness, as well as texture and aroma of meat alternatives,” the manufacturer said.

The date when the beer burger will hit supermarket shelves is not known.

 Ahead this weekend :

Direct democracy in action

On Sunday, the Landsgemeinde, one of Switzerland’s oldest traditions of grass-root democracy will take place in Appenzell-Innerrhoden, one of only two cantons where this custom is still practiced (the other one is Glarus, where this event will be held on May 5th.)

Canton’s citizens will gather at noon in Appenzell city’s town square, and will vote on matters of local importance by show of hands.
 
READ ALSO: What is Switzerland’s Landsgemeinde (open-air assembly)?
 
If you have any questions about life in Switzerland, ideas for articles or news tips for The Local, please get in touch with us at [email protected]

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