Switzerland

Switzerland’s CHF5.3 billion hardship payments saved up to 35,000 companies from collapse during the Covid-19 pandemic and resultant lockdowns.

The Federal Audit Office drew a largely positive conclusion of the funds but found some inefficiencies.

Some of the hardship measures were too high or unnecessary compared to the need, the audit found. In addition, there was unequal treatment between industries and between companies within an industry. ...