SECO – Newsletter SDC/SECO “The Multilateral Accent”- Issue 17 June 2015 June 25, 2015 at 09:29AM

A new ordinance on Measure against by SECO – Newsletter SDC/SECO “The Multilateral Accent”- Issue 17 June 2015
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SECO – Newsletter SDC/SECO “The Multilateral Accent”- Issue 17 June 2015
Bern, 25.06.2015 – Please find attached the17th issue of the « Multilateral Accent», produced by the Swiss Development Cooperation SDC and the State Secretariat for Economic Affairs SECO. The current issue is about the recovery of illicit financial flows and their restitution as a substantial source of additional funding the Sustainable Development Goals. Multilateral cooperation is crucial in developing an institutional framework for confiscating frozen assets and returning them to the original country.
State Secretariat for Economic Affairs

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SECO – Painful adaptation of the economy to the strong Swiss franc June 16, 2015 at 01:51AM

A new ordinance on Measure against by SECO – Painful adaptation of the economy to the strong Swiss franc
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SECO – Painful adaptation of the economy to the strong Swiss franc
Bern, 16.06.2015 – Economic forecasts from the Federal Government’s Expert Group – Summer 2015* – The economic slowdown of the Swiss economy was confirmed at the beginning of the year. GDP at constant prices fell by -0.2% during the first quarter and several economic indicators have contracted considerably since February of this year. Foreign trade (contribution of the trade balance) is expected to have a negative impact on growth in Switzerland throughout 2015 as a whole. In light of the steady, albeit weak, economic recovery in Europe and the continued positive expansion of domestic demand in Switzerland, the Federal Government’s Expert Group predicts that Swiss GDP will grow by 0.8% in 2015 (revised from 0.9% forecast in March). An improvement of the situation is expected for 2016 with GDP growth of 1.6% (revised down from 1.8% forecast in March). Since February, the number of unemployed persons in Switzerland has once again risen with the annual average rate of unemployment forecast to reach 3.3% in 2015 and 3.5% in 2016.
State Secretariat for Economic Affairs

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