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Switzerland Plans to Save as Much as .5 Billion a Year

Switzerland Plans to Save as Much as $5.5 Billion a Year

(Bloomberg) — Switzerland’s government intends to slash state spending, proposing to parliament cuts worth multiple billions in a radical move to balance a budget that — despite internationally low debt levels — has been running deficits since the Covid pandemic. From 2027 to 2030, the country’s seven-member executive aims to relieve the federal tab by...