14.01.2021
Corona -Switzerland - Update

Details on regulations are available also in English from the Swiss Federal Health Office. See links below

https://www.bag.admin.ch/bag/en/home/krankheiten/ausbrueche-epidemien-pandemien/aktuelle-ausbrueche-epidemien/novel-cov/massnahmen-des-bundes.html

Please note that regulations resp. restrictions may be adapted locally and result in minor differences. The use of face masks is mandatory in public transportation, rooms and open places with more than one person present. Stiff fines may result from non-compliance!

A countrywide vaccination campaign has been initiated by means of the Pfizer-Biontech and the locally produced Moderna vaccins

Economy in a nutshell:  The KOF Institute of the "ETH Zurich Research Collection"  estimates that the 2020 GDP will drop by 3.6% due to the Corona related problems. A renewed growth of 3.2% is forecast of 2021 and 2.2% for 2022.  The expected recovery, however, remains fragile due to worldwide developments and the appearence of new highly infectious versions of COVID 19. . Unemployment in 2021 my top some 5% by ILO standards (higher than Swiss statistics). The average income, however,  will remain high compared to most other European countries.

Out of country travel is hoped to pick up in the course of 2021, however,  with a clear focus on European and short haul destinations. Longhaul travel will follow somewhat later. A dampening  effect, in addition to possible local health/immigration restrictions could result from new environmental laws which become effective as of 2021 (taxes on flights etc). The future recovery of US travel  may take adventage of the fact that the US has been the number one long haul travel destination of the Swiss for decades before Corona. 

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