Tag Archives: Swiss National Bank

Sort out the issue of Swiss franc loans, once and for all

By Piroska M. Nagy

This article was first published on the website of the European Bank for Reconstruction and Development (EBRD).

The Swiss National Bank’s January decision to remove the Swiss franc’s cap against the euro has sent shockwaves through the global economy. It triggered particularly strong reactions in parts of central and south-eastern Europe, where currencies in some countries came under severe pressure.

Continue reading

Swiss National Bank makes new victims

The Swiss National Bank’s shocking decision last week to scrap the cap that was preventing the Swiss franc from appreciating to more than 1.20 to the euro continues to play out in the markets.

Continue reading