We will spend CHF 300 on average on Christmas preset this year - the same as last year – but still down from 2022, when we spent closer to CHF 350.
The survey is by EY and the Swiss Retail Federation.
Belts are being tightened due to the cost-of-living crises. We also seem to want to make sure the person gets something they want for Christmas, as vouchers and cash are the most popular gift items.
70% of us say we will pay attention to sustainability when choosing a gift.
SNB backs bank rule changes
The Swiss National Bank has expressed support for tougher banking regulations aimed at strengthening the stability of the country’s largest banks.
School investigated for fake nudes
Authorities are investigating a secondary school in the German-speaking part of the country, where students used artificial intelligence to create and circulate deepfake nude images of classmates.
Switzerland will take part in joint military exercises
The government is planning closer military cooperation with other European countries and NATO.
Protestors start to organise for G7 meeting
A resistance movement is mobilising in Geneva ahead of the G7 Summit in nearby Evian, in the middle of June.
Teen pranks no block to Swiss passports
A court in Aargau has ruled that a minor juvenile prank is not sufficient to block a Swiss passport application.
Vote campaign signs confuse cars
In canton Basel-Country a voting campaign is having unintended consequences.
