Switzerland would not have to save

Three billion francs – that's how big the hole in the federal coffers is. The culprits: the 13th AHV pension and increased military spending. So it's high time to tighten our belts, says the Swiss government. Therefore, in January, the Federal Council put a legislative package containing 59 austerity proposals out for consultation. The largest proposed cuts concern climate protection, development cooperation, and migration. As different as these…