Swiss business gets Christmas bonus from EU trade deal

Swiss business welcomed a new deal to overhaul the country’s relationship with the European Union, bringing Christmas cheer to an economy that is set to be one of Europe’s most resilient in a challenging 2025. Corporate lobbies, economists and firms say the agreement unveiled on Friday stabilises relations with the bloc – which accounts for over half of Swiss exports – even if it still faces a difficult ratification process involving a likely referendum. “Market access is crucial: European trade is a cornerstone of the Swiss economy,” said Samad Sarferaz at the KOF Economic Institute at ETH, a university in Zurich.Read More