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Ueli Maurer, the former finance minister, assured Keller-Sutter that Credit Suisse's situation was stable during the handover. However, on March 19, 2023, the bank faced a near-collapse, raising questions about Maurer's confidence, especially after the Federal Council rejected a public liquidity guarantee mechanism in the preceding months.
The PUK, led by President Isabelle Chassot, expressed frustration after the Federal Council swiftly responded to its nearly 600-page report on the CS crisis, just an hour following its presentation on December 20, 2024. The quick reaction from the government did not sit well with the PUK.
The National Council is urging the Federal Council to allocate funds for the development of night trains and electric buses following the defeat of Keller-Sutter's subsidies. This initiative aims to enhance public transportation options, benefiting commuters and the environment alike.
Keller Sutter
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
credit suisse crisis raises questions about financial stability and government assurances
05:30 02.01.2025
PUK expresses frustration over swift Federal Council response to CS crisis report
15:12 21.12.2024
National Council Advocates Funding for Night Trains and Electric Buses
07:35 06.12.2024
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