Switzerland government announces a plan to increase the sales tax rate by 0.8% from 2028 to aid fund plan, injecting an additional CHF 31bln into defence and security spending

Switzerland's government plan to increase the sales tax rate by 0.8% is a significant move aimed at bolstering defense and security spending with an additional CHF 31 billion.

Newsquawk StaffPublished 28 Jan 2026, 15:20 UTCOn the live feed at 15:00 UTC — 11 more headlines followed before this page went public

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Newsquawk European Market Wrap - 28th January 2026

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US EQUITY OPEN: Stocks open higher as FOMC & Mag-7 earnings await

15:00

Switzerland government announces a plan to increase the sales tax rate by 0.8% from 2028 to aid fund plan, injecting an additional CHF 31bln into defence and security spending

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Context

This development indicates a shift towards increased military readiness and could influence regional stability dynamics, particularly in light of broader geopolitical tensions.

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