Politics ::
Bern, Switzerland (GenevaLunch) – The Swiss federal government Tuesday afternoon 24 November approved a 2010 budget deficit of CHF2.68 billion, going into the red for the first time in several years. The total budget approved is CHF58.2b. The drop in revenues due to the economic crisis is behind the shortfall, but even if the economy picks up it appears unlikely that Switzerland will finish the year in the black, observers quoted by Swiss media say.
