Society ::
Cash to make the paddles go round
Lausanne, Switzerland (GenevaLunch) - The three cantons that subsidize Compagnie Générale de Navigation (CGN) operations on Lake Geneva have advanced funding for the 2010 budget to the tune of some CHF7 million, reports Le Temps 4 November. CGN issued a terse press release in which it said only that its CEO Kurt Oesch had met the government ministers from Vaud, Geneva and Valais who are responsible for funding the boat transport company. (The French département of Haute Savoie contributes about CHF1m a year as well).
Le Temps reports that one of the solutions being mooted may include financial help from the Swiss government.
