SNB’s Zurbruegg Is Concerned About Swiss Property Market
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Swiss National Bank Governing Board member Fritz Zurbruegg said the central bank is worried about the development of the country’s property market.
“We are concerned,” Zurbruegg said in a television interview with the SF state broadcaster, published on its website today. “We had the impression that the situation eased to a certain extent in the second quarter. Sadly this wasn’t repeated in the third quarter.”