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Safeguarding financial market stability: Federal Council welcomes and supports UBS takeover of Credit Suisse

To strengthen financial market stability until the takeover is complete, the federal government is providing a guarantee for additional liquidity assistance from the Swiss National Bank (SNB) to Credit Suisse. This support is intended to secure the liquidity of Credit Suisse and thus also ensure the successful implementation of the takeover.

Confederation closes 2022 with a deficit of CHF 4.3 billion

The Federal Council was informed of this provisional result during its meeting on 15 February 2023. At the same meeting, it specified the adjustment measures for the 2024 budget and took fundamental decisions on measures to adjust the budget in the financial plan years.

Federal Councillor Karin Keller-Sutter at 2023 WEF Annual Meeting

Federal Councillor Karin Keller-Sutter met several finance ministers from EU member states as well as the EU Commissioner for Economy at the World Economic Forum (WEF) Annual Meeting in Davos, and discussed bilateral financial and tax issues as well as the implementation of global financial and tax standards.

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Federal Councillor Karin Keller-Sutter

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