Photo Gallery: Fear and Loathing in Switzerland
Foto: GAETAN BALLY/ KEY
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Photo Gallery: Fear and Loathing in Switzerland

Breaking the Banks Switzerland Ponders a Future of Clean Money

The end of Switzerland's famous banking secrecy seems inevitable as US and German authorities crack down on tax evaders. Many Swiss are asking themselves whether their prosperity will survive if the country abandons its status as a tax haven. But some academics argue that the importance of the banking sector has been wildly exaggerated.
Translated from the German by Christopher Sultan
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