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The Federal Council is implementing an austerity package to address a budget shortfall, with over four billion francs at stake. Key measures include increased taxes on capital withdrawals from retirement pillars and the controversial decision to maintain bridging benefits for older unemployed individuals, despite internal disagreements. The debate is expected to intensify as the proposals move to parliament, where resistance to cuts may grow.
SP
Companies
| Symbol | SP |
| Name | SP Plus Corporation |
| Currency | USD |
| Sector | Industrials |
| IndustryGroup | Commercial & Professional Services |
| Industry | Professional Services |
| Market | NASDAQ Global Select |
| Country | United States |
| State | IL |
| City | Chicago |
| Zipcode | 60601-7702 |
| Website | http://www.spplus.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Federal Council debates austerity measures amid budget shortfall and political tensions
Swiss Franc
FDP
SP
CHE
Guy Parmelin
Beat Jans
Karin Keller-Sutter
Elisabeth Baume-Schneider
Ignazio Cassis
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12:06 14.11.2024
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