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Swiss econ to grow less than 1% in 2009

Switzerland will not avoid a technical recession: Economy Minister. -Reuters

Sat, Dec 06, 2008
Reuters

ZURICH, Dec 6 (Reuters) - Switzerland's economy will grow by less than one percent in 2009, the country's Economy Minister was quoted as saying in an interview published on Saturday.

"I do not comment on our forecasts for the year 2009, but we would have to have growth of clearly less than one percent," Doris Leuthard was quoted as saying by newspaper Le Temps.

"Switzerland will not avoid a technical recession."

 
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