SNB President Jean-Pierre Roth has made a few comments on the Swiss economy and its Banks.
Reuters ….
- Current situation not bad for Swiss Banks not bad
- Sees economy shrinking by 3% in 2009 and sees zero growth in 2010.
- Swiss companies have good financial positions
- SNB in position to reduce money supply in short term
Roth was talking with Swiss daily Tages-Anzeige.
