Swiss lead way with crisis loans to small businesses


The Swiss government's economic stimulus package for small business is being lauded around the world for its speed and efficiency. They have pledged $40 billion in emergency loans to support small businesses during the coronavirus pandemic. The application is only a page long, the loan is interest-free, and businesses receive the money almost immediately. Their success is credited to their insular network of businesses and political elites that made the rollout exceptionally quick.

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