Euro debt crisis hits Swiss cheese

A stronger currency is bad news for Swiss businesses, including makers of the country's famous Emmental cheese.

    High growth rates, together with low unemployment and public debt, has made the Swiss franc a safe bet among European currencies.

    However, with the rest of the global market in turmoil, the stronger Swiss franc is having a negative impact on the people of Switzerland.

    For some in the overseas market, for example, it has become too expensive to purchase Swiss cheese. And the switch from people buying Swiss Emmental, to similar cheeses produced elsewhere, has hurt local businesses.

    Al Jazeera's Nick Spicer reports from Zurich, Switzerland.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Inside the world of Chinese bitcoin mining

    Inside the world of Chinese bitcoin mining

    China is one of the main exchange markets and hosts some of the biggest bitcoin 'mining pools' in the world.

    Africa is not poor, we are stealing its wealth

    Africa is not poor, we are stealing its wealth

    It's time to change the way we talk and think about Africa.