Reported about 2 months ago
Swiss Finance Minister Karin Keller-Sutter has raised alarms about the 'time bomb' of debt levels in the US and Europe, which she believes pose significant risks to international financial stability and Switzerland's economy. In a recent interview, she highlighted Switzerland's disciplined financial approach in contrast to heavily indebted countries that struggle to respond to economic challenges, citing the recent stock market turmoil as a warning signal.
Source: YAHOO