“Petroleum costs are reasonable in affluent Switzerland,” he told the Tages-Anzeiger paper in a meeting distributed on Wednesday.
Maurer, a monetary falcon from the traditional Swiss People’s Party, said a downturn was approaching yet its seriousness relied heavily on how long the conflict in Ukraine endured and on energy costs.
He said Swiss banks ought to oppose strain to move forward the requirement of assets on Russians being rebuffed in the West for the attack of Ukraine.
“In the event that whatever we ought to express: Slow down a little and don’t execute the approvals with a ‘Swiss completion’. Our banks most likely approve more cruelly than any other individual,” he was cited as saying.
He said Switzerland ought to utilize gas-terminated power plants and broaden the existence of thermal energy stations to assist with meeting its energy needs, adding that Switzerland would assist with supporting gas terminals that neighbour Germany was building.
