The best of weeks, the worst of weeks for Switzerland

Commentary feature looks at the challanges facing the strength of the Swiss france as a currency against other currencies during the eurozone financiasl crisis. In addition, the article discusses the significance of the deal between Germany and Switzerland to regularise previously undeclared and untaxed German bank accounts and reinforce Switzerland’s transition from pariah tax haven to transparent wealth management centre.

ESO: Background information: Swiss central bank considers euro peg http://www.europeansources.info/record/swiss-central-bank-considers-euro-peg/

Website: Swiss National Bank http://www.snb.ch/en

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

Swissinfo.ch: Specials: Rebuilding the financial sector: Spotlight on banking secrecy http://www.swissinfo.ch/eng/Specials/Rebuilding_the_financial_sector/Spotlight_on_banking_secrecy.html?cid=28255950

ESO: Background information: Swiss bank deal rests on leap of faith http://www.europeansources.info/record/swiss-bank-deal-rests-on-leap-of-faith/

Deutsche Welle, 10.8.11: Germany, Switzerland reach deal on tax evaders http://www.dw-world.de/dw/article/0,,15309718,00.html

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