Simon, Silvia; Hausner, Karl Heinz - In: Intereconomics : review of European economic policy 47 (2012) 2, pp. 112-119
The euro area crisis is the main external factor threatening the Swiss economy. In 2010 and 2011, the Swiss franc was … rapidly appreciating against the euro, causing a drop in exports, losses for the tourism business and a rise in unemployment …. This paper gives an overview of developments in the euro area and explains the reasons for the strength of the franc, the …
