EU-Swiss tax conflict may lead to trade dispute

Article Abstract:

The European Union and the Swiss government are in disagreement over Switzerland's tax laws. Currently, company profits made outside the country can be fully or partially tax exempt in certain regions, which EU officials believe amounts to unfair competition and hence a violation of the free trade agreement between Switzerland and the European Union. Swiss officials argue that the lower taxes are a competitive advantage but do not constitute unfair competition.

Europe, Legal issues & crime, Government regulation (cont), Government regulation, International economic relations, Taxes, Legal/Government Regulation, Laws, regulations and rules, Political aspects, European Union, Tax policy, Commercial treaties, Trade agreements, Trade policy

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Swiss watches strike export record: surging demand for luxury lines has makers like Richemont thinking about capacity

Article Abstract:

A high demand for luxury watches has led to record exports for Swiss watchmakers. As a result of this success, the companies are facing capacity problems, and shortages of skilled craftspersons.

Market information - general, Forecasts, trends, outlooks, Exports, Watches, clocks, watchcases & parts, Watches, Watch, Clock, and Part Manufacturing, Capacity, Supply and demand, Clock and watch industry, Clocks and watches, Watch industry, Luxuries, Wrist watches, Industry forecasts, Industry overview

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Swiss economy fell into recession in first quarter

Article Abstract:

Switzerland's gross domestic product (GDP) contracted by 1% during the 2003 first quarter. The Swiss economy contracted 0.7% during the fourth quarter of 2002.

Labor Distribution by Employer, Economic aspects, Statistics, Gross domestic product

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