• Login
Friday, August 21, 2026
Geneva Times
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
Geneva Times
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
Home Switzerland

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

GenevaTimes by GenevaTimes
August 21, 2026
in Switzerland
Reading Time: 2 mins read
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Population growth in Switzerland slowed slightly in 2025; Swiss service providers are not legally bound to accept cash: and more news in our roundup this Friday.

Population growth in Switzerland slowed slightly in 2025

As of December 31st, 2025, Switzerland’s permanent resident population stood at 9,127,100 – an increase of 0.8 percent compared to 2024.

This is what emerges from data published by the Federal Statistical Office (FSO) on Thursday. 

Though population growth continued overall, it slowed down due to a year marked by lower immigration and higher emigration.

Foreign nationals totalled 2,528,100 people, accounting for 28 percent of permanent population.

Another interesting fact reported by the FSO: The number of foreign residents increased most in canton Uri – by 4,3 percent.

Swiss service providers are not legally bound to accept cash

The National Council’s Economic Affairs Committee narrowly rejected a proposal to mandate the acceptance of cash by public service providers like public transport companies, for instance. 

Even though some people, including the elderly and foreign tourists, may rely on cash for such transactions, the Committee argued that public service providers must have the freedom to decide by themselves whether or not to accept physical money.

This move coincides with public transport companies digitalising the purchase of tickets, making it impossible for people without a mobile phone to pay their fares, as ticket counters are mostly gone, and ticket machines are also disappearing.

Good news: Switzerland has enough money in its budget

If you can’t sleep at night worrying that Switzerland might go broke, you needn’t worry.

Even though deficit of 700 million francs had been projected for 2026, there will actually be more money in state coffers at the end of the year than originally thought: the government is forecasting a surplus of 800 million  francs. 

This turnaround is primarily due to a sharp rise in corporate tax revenue: an additional 1.9 billion francs, stemming mainly from a few large companies based in Zurich, Basel, and Lucerne.

Donald Trump is threatening Switzerland – again

It’s no secret that the US president is not a fan of Switzerland: last year, he criticised the then Swiss president Karin Ketter-Sutter, and in April, he boasted of imposing high tariffs on the country just to punish it. 

In yet another episode of Switzerland-bashing this week, Trump bragged that “I can cut off business with them, and they will no longer be able to function… then Switzerland would no longer be an elite country.” 

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 news@thelocal.ch

 

 

Read More

Previous Post

Publication about President Ilham Aliyev’s interview with Uzbekistan National News Agency posted on his social media (PHOTO)

Next Post

NFL Fines Cowboys, Saints $500K Each Following Joint Practice Altercations

Next Post

NFL Fines Cowboys, Saints $500K Each Following Joint Practice Altercations

ADVERTISEMENT
Facebook Twitter Instagram Youtube LinkedIn

Explore the Geneva Times

  • About us
  • Contact us

Contact us:

editor@thegenevatimes.ch

Visit us

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin