Switzerland will remain attractive to businesses after the G7 tax deal, according to its Finance Minister

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The Swiss Minister of Finance said in a statement Monday that The country will likely remain attractive to businesses after the Group of Seven (G7) nations reached a landmark agreement to back a tax rate. Global corporate minimum of at least 15%.

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“For Switzerland, the focus is on the overall package of competitive framework conditions for its own business location.”

“Either way, Switzerland will take the necessary steps to remain a highly attractive business location“.

Previously, the Swiss CPI rose 0.6% year-on-year in May compared to the 0.3% reported in April.

USD / CHF reaction

The Swiss franc remains on offer, despite the optimistic data and headlines, with the USD/CHF retesting 0.9000, slightly higher on the day.

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