Strong franc squeezes Swiss business

Article reported that the Swiss government was seeking economic solutions in August 2011 as shoppers flocked abroad for bargains, exports were suffering and potential tourists thought twice about visiting Switzerland where the Swiss franc had substantially appreciated against other currencies during 2011.

Spiegel Online International, 25.8.11: Swiss Fear the End of Economic Paradise http://www.spiegel.de/international/europe/0,1518,782116,00.html

ESO: Background information: The best of weeks, the worst of weeks for Switzerland http://www.europeansources.info/record/the-best-of-weeks-the-worst-of-weeks-for-switzerland/

Swissinfo.ch: Strong Franc - Cause and effects http://www.swissinfo.ch/eng/specials/swiss_franc/index.html?cid=28856262

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