As reported by «Market Leader» (US)
Swiss economy is out of danger
Switzerland can sleep soundly despite the fact that most of its neighbors are concerned about the existing sovereign debts. The Economiesuisse (a Swiss corporate union) and the Chamber-of-Commerce representative of a Neuchâtel canton report that nothing threatens the Swiss economy due to the sound fiscal competition, which raises disputes in the parliaments of numerous cantons and is criticized by socialists.
The main conclusion made at the meeting of the Economiesuisse and the Chamber of Commerce is that preserving the sovereignty of cantons in terms of tax policies will lead to prosperity in the future.