Swiss parliament finalises slimmed-down savings package

The federal budget relief package has been finalised. On Tuesday the House of Representatives ironed out the final differences in the bill. Compared to the government's proposal, the savings have been reduced by around 40%. +Get the most important news from Switzerland in your inbox The proposal to restructure the federal budget, known as relief package 27 or EP 27, was controversial in parliament. Two minor differences in the 2027 to 2029 financial plan were still outstanding. The House of Representatives agreed with the Senate on this. On the one hand, this concerned the contributions for the education of the Swiss Abroad. Parliament wants to make fewer cuts here than the government. The same applies to quality and sales promotion for Swiss cheese, wine and other products. The parliamentarians decided against two-thirds of the cuts envisaged by the government. These decisions are representative of the development of the entire bill. During the debates, the two chambers ...