Switzerland

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"Lex Ukraine"

Although the tradition of Swiss neutrality dates back to the 16th century, the war in Ukraine and the country's insistence on not getting involved in the war that threatens the EU has irritated many.

The Countries for Collective Purchase of Ammunition are Now 24 - Bulgaria is Not Among Them

The number of countries participating in the European Defense Agency (EDA) coordinated munitions collective purchase project announced a week ago has reached 24.

Among them are 23 countries from the European Union and Norway. Bulgaria does not participate.

At the end of last week, five more countries joined the original 18 countries:

ATHEX: Index posts rebound on thin turnover

The slowing pace of the Fed rate hikes and those that followed in Britain, Switzerland and Norway kept investors at bay on Thursday, though buyers edged out sellers at Athinon Avenue for price growth on low turnover. This time banks underperformed, but they are about to be joined soon by the new listing of Optima Bank in a rare injection of fresh blood in this section of the market.

Scientists released a "survival guide": Disaster inevitable?

Clean energy and technology can be exploited to avoid the growing climate disaster, the report says.
But at a meeting in Switzerland to agree their findings, climate scientists warned a key global temperature goal will likely be missed.
Their report lays out how rapid cuts to fossil fuels can avert the worst effects of climate change.

After nearly two centuries: Taken over

UBS also took up to $5.4 billion (about 5.05 billion euros) in losses, based on a plan by Swiss authorities to avoid further turmoil in the banking market.
The agreement also includes 108 billion dollars of aid (about 101 billion euros) for the liquidity of UBS and Credit Suisse, which will be paid by the Swiss Central Bank.

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