Federal Council takes decision on measures to strengthen Switzerland's financial system
Bern, 16.10.2008 - The Federal Council, the Swiss National Bank (SNB) and the Swiss Federal Banking Commission (SFBC) have decided on a package of measures to further stabilise the Swiss financial system and to sustainably strengthen confidence in Switzerland's financial market. The Federal Council is confident that this package of measures will contribute to the lasting strengthening of the Swiss financial system. The resulting stabilisation is beneficial for overall economic development in Switzerland and is in the interests of the country as a whole.