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Old 02.11.2011, 14:09
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Switzerland is expected to report a budget surplus for 2011, despite spending 870 million francs ($985 million) to dampen the impact of the strong Swiss currency on its export-led economy.

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Old 02.11.2011, 16:26
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Re: Swiss to post budget surplus for 2011

"Swiss to post budget surplus for 2011"


So has The Lolcat decided that "Swiss" is indeed the name of the country now?
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Old 02.11.2011, 20:46
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Re: Swiss to post budget surplus for 2011

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Switzerland is expected to report a budget surplus for 2011, despite spending 870 million francs ($985 million) to dampen the impact of the strong Swiss currency on its export-led economy.

Read the full article: Swiss to post budget surplus for 2011
A) WHO exactly stated this about the "budget surplus" ? answer: the Finance Ministry. And who is chief of the Federal Finance Ministry ? answer: Mrs Widmer-Schlumpf who on 14th December needs every single vote in her favour to stay in office

B) I expect Mrs Widmer-Schlumpf
> to raise the PEG in the first week of December to 1.35
> to hand out good news in the first week of December
> to make it clear that HER ministry had to act due to the lack of success of the Federal Ministry of Economics
> to make it clear that Economics Minister Schneider-Ammann is a person the Swiss Confederation can do very well without

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Old 03.11.2011, 01:51
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Re: Swiss to post budget surplus for 2011

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B) I expect Mrs Widmer-Schlumpf
> to raise the PEG in the first week of December to 1.35
> to hand out good news in the first week of December
> to make it clear that HER ministry had to act due to the lack of success of the Federal Ministry of Economics
> to make it clear that Economics Minister Schneider-Ammann is a person the Swiss Confederation can do very well without

Well it's not up to her to choose a peg. It's a BNS independent decision. And besides, I think Switzerland is one of the few countries where I would trust a government politician even in this reelection situation. De toute façon, she has already the support of most of the population and politicians, so staying or not in the post depends solely on third-party decisions (whether to give a second seat to UDC without taking away a seat from PLR)
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Old 03.11.2011, 09:51
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Re: Swiss to post budget surplus for 2011

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Switzerland is expected to report a budget surplus for 2011, despite spending 870 million francs ($985 million) to dampen the impact of the strong Swiss currency on its export-led economy.

Read the full article: Swiss to post budget surplus for 2011
I thought they spent over 100 Billion defending the franc not 870 million?
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Old 03.11.2011, 10:17
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Re: Swiss to post budget surplus for 2011

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I thought they spent over 100 Billion defending the franc not 870 million?

Two separate things. The slightly less than 100 Billion were a) from the Swiss National Bank and b) not "spent", while the 870 Million were used by the government to help firms who struggle with the high franc.
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Old 04.11.2011, 15:32
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Re: Swiss to post budget surplus for 2011

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"Swiss to post budget surplus for 2011"


So has The Lolcat decided that "Swiss" is indeed the name of the country now?
I suppose it's a headline and it's supposed to mean in full The Swiss. They often do that in headlines of newspapers, you know.
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Old 04.11.2011, 16:00
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Re: Swiss to post budget surplus for 2011

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I suppose it's a headline and it's supposed to mean in full The Swiss. They often do that in headlines of newspapers, you know.
So how often do you see "Britons post record budget deficit", "Germans announce record exports", "Greeks nearing bankruptcy" or "Irish in new bank bailout"? It's "Britain", "Germany", "Greece" and "Ireland", since all these headlines are about the respective national economies.

Nice condescending tone BTW.
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