(Bloomberg) The absence of both the Swiss National Bank’s president and vice president for health reasons has led to calls for the institution’s governing board to be restructured, according to newspaper Tages-Anzeiger. The 61-year-old SNB Vice President Fritz Zurbrügg had heart surgery earlier in October, just two months after SNB President Thomas Jordan, 58, also underwent a heart operation. Jordan returned to work on Sept. 23. While the third member of the SNB’s tripartite governing board, Andrea Maechler, remained in post during her colleagues’ absence, lawmakers and finance experts say the situation has exposed the risks of relying on such a small group of policy makers. Yvan Lengwiler, a professor of macroeconomics at the University of Basel, said the organization’s governance structure needs reform to make it more accountable. “I don’t think the SNB is robust enough in its organization,” Lengwiler told Tages-Anzeiger in an interview. “The question of whether
Weniger Einnahmen auf dem Land – Zertifikatspflicht kostet Beizen 17 Prozent Umsatz
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Weniger Einnahmen auf dem Land – Zertifikatspflicht kostet Beizen 17 Prozent Umsatz
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Swiss parliament scraps import duties on industrial products
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