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For historical country risk data please visit the Euromoney Country risk website |
Switzerland, ranked first in September 1995 and second in March and September 1996, dropped significantly in this March’s rankings, falling eight places to tenth position. Switzerland has experienced six years of negligible growth and was the only major economy to contract last year, by approximately 0.6%. According to Euromoney‘s global economic projections, GNP growth this year will only be around 0.9% as the country contends with the deflation of the Swiss franc and a domestic banking sector in disarray.
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