Both the canton and city of Geneva are set to report stronger than expected financial results for 2022.
The canton could be in the black by more than a billion francs – when it was thought to show a deficit of nearly CHF 300m. Although the formal announcement is due at the end of the month.
The City is likely to show a positive figure of CHF 150m. The budget was for a deficit of CHF 33m.
Analysts say the commodity sector is the main driver. Demand was strong at the end of the pandemic and then the war in Ukraine pushed up prices.
The accounts will be published in full next month.
Non-Swiss vote debate more complicated
Hospital cut from insurance firm
Major demonstration against sacking of gay teacher
Vaud snow groomer dies from injuries
Cycling fans brave the rain and Servette in the final
Weekend jams at the Gotthard
