Swiss National Bank calls for deregulated economy

In his debut speech the Swiss National Bank's board member for financial markets, Philipp Hildebrand, called for broad deregulation of the domestic economy to tackle unemployment and protect the country's long-term prosperity.

Source: Financial Times

Switzerland's traditionally reticent National Bank yesterday made a passionate plea for economic liberalisation to protect the country's long-term prosperity.

The call for broad deregulation of the domestic economy, often still controlled by virtua