Swiss homeowners to pay for earthquake damage
Swiss homeowners to pay for earthquake damage

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Swiss homeowners to pay for earthquake damage

n the event of a major earthquake, property owners will have to contribute a small share towards covering the damage.
On Friday, the Federal Council put a joint financing system out to consultation. Even though protection against earthquakes is in principle the responsibility of the cantons, the federal government has the power to legislate at national level and to levy a contribution from property owners. ...