Lausanne institute sees two slow years ahead

20th April 2010, Comments 0 comments

The Cra institute revises its forecast for Swiss economic expansion upward to 1.6 percent after admitting the countrys employment picture is better than it initially expected. But an economist from the Lausanne-based institute tells Swisster that solid growth remains at least two years away, hampered by a higher than average jobless rate coupled with continued troubled times in the European Union, Switzerlandis biggest trading partner.

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