After the record decline in the second quarter, Swiss foreign trade recovered significantly in the third quarter of 2020. In seasonally adjusted terms, exports increased by 6.5 percent and imports by 11. 5 percent. Nonetheless, the results remained well below the peak levels reached in the second quarter of 2019. The trade balance closed with
In the popular vote on 27 September 2020, a majority of 60.3 per cent accepted the introduction of a two-week paternity leave, financed by the compensation for loss of earnings (IPG). At its meeting on 21 October 2020, the Federal Council set the effective date of the relevant amendment to 1 January 2021 and adopted
The Federal Tax Administration (FTA) has exchanged information on financial accounts with 86 countries. The exchange took place within the framework of the global standard on the automatic exchange of information (AEOI). This year, the AEOI involved a total of 86 countries. Anguilla, Aruba, Bahamas, Bahrain, Grenada, Israel, Kuwait, Marshall Islands, Nauru, Panama and the