Geneva’s budget deadlock is dragging on.
The State Council of Geneva has presented a new draft budget showing a deficit of nearly CHF 600m, but admits it’s unlikely to pass.
Finance minister Nathalie Fontanet says the exercise is “pointless,” blaming a political standoff over CHF 300m in proposed savings.
Rising costs - driven by demographics, healthcare, and federal obligations - are outpacing weak revenue growth, while tax income has been revised down.
With parties divided, approval looks unlikely, and temporary budgeting could continue through the year.
A broader savings plan is expected by June.
Bern considers tighter rules on foreign home buyers
Outrage over Trump's Christ photo spreads
Elderly man dies after car park fight
Suspected baby killers tracked to Switzerland
Initiative launched to control federal costs
Cheesemaker accused of stealing tonnes
