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In order to keep the Swiss economy competitive in uncertain times, the Federal Council wants to ease the regulatory burden on companies. (theme picture)
Keystone
In view of the uncertain economic times, the Federal Council wants to ease the regulatory burden on companies. It has instructed the relevant departments to swiftly examine proposals for easing the regulatory burden. Better location conditions should keep the economy competitive.
The Federal Council is also investigating the possibility of postponing projects with high cost implications for companies that have not yet been completed. Further steps are to be decided in the fall.
The Federal Council discussed economic developments in detail at its closed meeting on Wednesday. Switzerland offers excellent economic conditions in many areas, it said in its statement on the discussion. However, the international environment has been very volatile for some time now.
The USA is seeking to reorganize trade relations and is distancing itself from the OECD minimum tax reform. Ten percent of Swiss goods exports are currently affected by US tariffs. However, he does not consider an economic stimulus program to be appropriate.