Bloomberg News

SNB’s Hildebrand Says Swiss Growth to Weaken in Second Half

September 29, 2011

Sept. 29 (Bloomberg) -- Switzerland’s economic growth will slow down in the second half of 2011, Swiss National President Philipp Hildebrand said at an event in Geneva today.

The cap on the franc of 1.20 versus the euro introduced on Sept. 6 helped lower the risk of a recession, Hildebrand added.

To contact the editor responsible for this story: Klaus Wille at kwille@bloomberg.net


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