Finance
Europe’s Economic Slump Has Swiss Worried, Finance Chief Says
Switzerland’s finance minister is concerned that the economic slump in the European Union and Germany will also hit Swiss companies, as both are among the most important trading partners of the country.
Addressing reporters at the World Economic Forum on Thursday, Karin Keller-Sutter said that it’s a problem for the Swiss if the EU and it’s biggest economy are struggling. German output just contracted for a second straight year, weighing on the bloc’s growth.