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 …. This paper gives an overview of developments in the euro area and explains the reasons for the strength of the franc, the … rapidly appreciating against the euro, causing a drop in exports, losses for the tourism business and a rise in unemployment …