Customs post. Panel : Crisis

Although mainly unaffected by the eurozone crisis, Switzerland is suffering from the high exchange rate on its currency and the economic woes of its neighbors. The 2011-12 winter period ended with a 3.2% decline in activity for the hotel sector and with the government expecting a 1.7% drop for the summer season.

Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!