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Boder, Willy
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2 articles of this author have been cited in the European Press Review so far.
The pharmaceutical industry is healthy
The Swiss newspaper Le Temps comments on the high profits announced by the two pharmaceutical companies Roche and Novartis: "Within one week the two Swiss pharmaceutical giants have announced record profits: 25 billion Swiss francs [around 17 billion euros] in 2008. But how is the stock market reacting? Novartis shares have dropped by 5.5 percent ... and those of Roche by around 9 percent. Investors don't dare believe in good news any more. That speaks volumes about the exceptional and turbulent character of the financial and economic crisis which is rocking our planet. How long will it take for the rational spirit to once more get the upper hand over the sense of insecurity? Because if there's one sector which is doing fine and preventing the collapse of Swiss exports, it's the pharmaceutical industry."
» full article (external link, French)
More from the press review on the subject » Corporations, » Switzerland
Free movement of labour
Le Temps discusses in its leading article the prolongation of free movement of labour between the EU and Switzerland: "The economic argument weighs heavily in the negotiations to prolong the Agreement on Free Movement of Persons with the EU. Facilitated access to European labourers has clearly benefited the economy in recent years. Unfortunately there is a lack of studies concentrating on the changes of companies' personnel policies since June 2004, when the preference for Swiss workers was abolished. ... Under these conditions it is impossible to determine the exact consequences of free movement of labour. ... Even if politicians are beholden to closely examine the undesirable consequences of free movement of persons, these consequences cannot reverse the positive effects, which must be preserved for our country to experience an economic upturn."
» full article (external link, French)
More from the press review on the subject » EU Policy, » Economic Policy, » Switzerland, » Europe
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