Defence budget boost likely to fail

Federal Parliament Building, Bern.

A proposed CHF 15bn boost to the defence budget is not likely to get through the Council of States.

Centre-left parties want the extra money for the army and Ukraine. The idea is CHF 10bn will be spent on the army over the next 5 years and CHF 5bn to help Ukraine. 

But the upper house’s finance committee has rejected the package, saying it will increase the country’s debt and lead to cuts elsewhere.

More from Bitesize News