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111-587: Founded in a decade when Switzerland had come under recurring criticism for its behaviour during World War II , particularly with respect to its relations with the Nazi government in Germany, the commission was established by the Swiss Parliament and headed by Jean-François Bergier , an economic historian. Made up of Polish, American, Israeli and Swiss historians, the commission's mandate was to investigate

222-561: A Willensnation ("nation of volition") rather than a nation state . The English name Switzerland is a portmanteau of Switzer , an obsolete term for a Swiss person which was in use during the 16th to 19th centuries, and land . The English adjective Swiss is a loanword from French Suisse , also in use since the 16th century. The name Switzer is from the Alemannic Schwiizer , in origin an inhabitant of Schwyz and its associated territory , one of

333-681: A lower house (the National Council , with representatives elected from across the country). Referendums were made mandatory for any amendments. This new constitution ended the legal power of nobility in Switzerland . A single system of weights and measures was introduced, and in 1850 the Swiss franc became the Swiss single currency , complemented by the WIR franc in 1934. Article 11 of

444-517: A change of policy following threats from Germany. Over 100 Allied bombers and their crews were interned. Between 1940 and 1945, Switzerland was bombed by the Allies , causing fatalities and property damage. Among the cities and towns bombed were Basel , Brusio , Chiasso , Cornol , Geneva, Koblenz , Niederweningen , Rafz , Renens , Samedan , Schaffhausen , Stein am Rhein , Tägerwilen , Thayngen , Vals , and Zurich. Allied forces maintained that

555-554: A consequence of a March 2001 retraction regarding the responsibility for the J Stamp and police chief Heinrich Rothmund's role by the Beobachter , the Swiss magazine that had originally revealed the existence of the J-Stamp in the 1950s. (See below: § Questioning the J-Stamp being a Swiss invention ) With the increasing persecution of Jews by the Nazi regime, Swiss restrictions were set apart from other restrictive policies of

666-543: A lesser extent, the USA). Germany during the period July 1940 and July 1944 became the largest importer of Swiss goods. Thus domestic production (and employment) was directly linked on the success of trade negotiations, particularly with the German government. The actual supplies of armament related goods exported to Germany was quite small: just 1% of German armament end products. Some specialized items, i.e. time fuses accounted for

777-525: A little more than 10%. Far more important was the role played by Switzerland's open capital market—sale of gold and securities—and as the Franc was the only convertible currency available to the Axis powers, it played a vital role in paying for certain strategic imports such as tungsten and oil. In order to finance its imports from Switzerland, the German government demanded "clearing loans" which took

888-468: A preliminary report for the commission, an estimate of 24,000 "documented rejections" was published. However, in the final report, perhaps having taken into account criticism of the earlier figures, the commission was more cautious, indicating that it must be assumed that "Switzerland turned back or deported over 20,000 refugees during the Second World War." Specifically, they reported that during

999-690: A remarkable size, while hundreds of agricultural estates ( Villae rusticae ) were established in the countryside. Around 260 AD, the fall of the Agri Decumates territory north of the Rhine transformed today's Switzerland into a frontier land of the Empire. Repeated raids by the Alamanni tribes provoked the ruin of the Roman towns and economy, forcing the population to shelter near Roman fortresses, like

1110-536: A sign of support. In September 2020, a referendum calling for a vote to end the pact that allowed a free movement of people from the European Union was introduced by the Swiss People's Party (SVP). However, voters rejected the attempt to retake control of immigration, defeating the motion by a roughly 63%–37% margin. On 9 February 2014, 50.3% of Swiss voters approved a ballot initiative launched by

1221-405: A significant impact on the psychology and society of Switzerland. The war convinced most Swiss of the need for unity and strength. Swiss from all strata of society, whether Catholic or Protestant, from the liberal or conservative current, realised that the cantons would profit more from merging their economic and religious interests. Thus, while the rest of Europe saw revolutionary uprisings ,

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1332-556: A whole rather than being modified one amendment at a time. This need soon proved itself when the rise in population and the Industrial Revolution that followed led to calls to modify the constitution accordingly. The population rejected an early draft in 1872, but modifications led to its acceptance in 1874. It introduced the facultative referendum for laws at the federal level. It also established federal responsibility for defence, trade, and legal matters. In 1891,

1443-468: Is considered the confederacy's founding document, even though similar alliances likely existed decades earlier. The document was agreed among the rural communes of Uri , Schwyz , and Unterwalden . By 1353, the three original cantons had joined with the cantons of Glarus and Zug and the Lucerne , Zurich and Bern city-states to form the "Old Confederacy" of eight states that obtained through

1554-401: Is not whether Switzerland should or could have maintained its business contacts and foreign trade with the warring powers in the first place, but rather how far these activities went: in other words, where the line should be drawn between unavoidable concessions and intentional collaboration." Switzerland which relied heavily on foreign trade experienced an increasingly difficult position during

1665-409: Is one of the world's most developed countries having the highest nominal wealth per adult , and the eighth-highest gross domestic product (GDP) per capita . Switzerland performs highly on several international metrics , including economic competitiveness and democratic governance . Cities such as Zurich, Geneva and Basel rank among the highest in terms of quality of life, albeit with some of

1776-659: Is the highest, although the Matterhorn (4,478 m or 14,692 ft) is the best known. Both are located within the Pennine Alps in the canton of Valais , on the border with Italy. The section of the Bernese Alps above the deep glacial Lauterbrunnen valley, containing 72 waterfalls, is well known for the Jungfrau (4,158 m or 13,642 ft) Eiger and Mönch peaks, and its many picturesque valleys. In

1887-536: Is to say its political authorities and economic decision-makers, had perhaps been derelict in assuming their responsibilities." The commission was given unprecedented powers and resources by the Swiss Parliament: In the course of its work, the commission identified three areas where the government failed to carry out its responsibilities: The commission presented its final report in March 2002. Since

1998-701: The Waldstätte cantons which formed the nucleus of the Old Swiss Confederacy . The Swiss began to adopt the name for themselves after the Swabian War of 1499, used alongside the term for "Confederates", Eidgenossen (literally: comrades by oath ), used since the 14th century. The data code for Switzerland , CH, is derived from Latin Confoederatio Helvetica ( Helvetic Confederation ). The toponym Schwyz itself

2109-491: The Axis and Allied powers. Switzerland's trade was blockaded by both the Allies and the Axis. Economic cooperation and extension of credit to Nazi Germany varied according to the perceived likelihood of invasion and the availability of other trading partners. Concessions reached a peak after a crucial rail link through Vichy France was severed in 1942, leaving Switzerland (together with Liechtenstein ) entirely isolated from

2220-628: The Castrum Rauracense near Augusta Raurica. The Empire built another line of defence at the north border (the so-called Donau-Iller-Rhine-Limes). At the end of the fourth century, the increased Germanic pressure forced the Romans to abandon the linear defence concept. The Swiss Plateau was finally open to Germanic tribes . In the Early Middle Ages , from the end of the fourth century, the western extent of modern-day Switzerland

2331-558: The Congress of Vienna fully re-established Swiss independence, and the European powers recognised permanent Swiss neutrality. Swiss troops served foreign governments until 1860 when they fought in the siege of Gaeta . The treaty allowed Switzerland to increase its territory, with the admission of the cantons of Valais , Neuchâtel and Geneva . Switzerland's borders saw only minor adjustments thereafter. The restoration of power to

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2442-677: The First War of Villmergen , in 1656, and the Toggenburg War (or Second War of Villmergen), in 1712. In 1798, the revolutionary French government invaded Switzerland and imposed a new unified constitution. This centralised the government of the country, effectively abolishing the cantons: moreover, Mülhausen left Switzerland and the Valtellina valley became part of the Cisalpine Republic . The new regime, known as

2553-639: The Hallstatt and La Tène cultures , named after the archaeological site of La Tène on the north side of Lake Neuchâtel . La Tène culture developed and flourished during the late Iron Age from around 450 BC, possibly influenced by Greek and Etruscan civilisations. One of the most prominent La Tène tribes were the Helvetii , who primarily occupied the Swiss Plateau , alongside the Rhaetians in

2664-615: The Holy Roman Empire around 1000 AD. In the 10th century, as the rule of the Carolingians waned, Magyars destroyed Basel in 917 and St. Gallen in 926. In response, Henry the Fowler , the then ruler of East Francia, decreed the fortification of key settlements to defend against these invasions. Large villages and towns, including strategic locations like Zurich and St.Gallen, were fortified. This initiative led to

2775-593: The League of Nations , which was based in Geneva , after it was exempted from military requirements. During World War II , detailed invasion plans were drawn up by the Germans, but Switzerland was never attacked. Switzerland was able to remain independent through a combination of military deterrence, concessions to Germany, and good fortune, as larger events during the war intervened. General Henri Guisan , appointed

2886-576: The Swiss Alps to the south, the Swiss Plateau or Central Plateau, and the Jura mountains on the west. The Alps are a mountain range running across the central and south of the country, constituting about 60% of the country's area. The majority of the population live on the Swiss Plateau. The Swiss Alps host many glaciers, covering 1,063 square kilometres (410 sq mi). From these originate

2997-610: The Swiss Confederation , is a landlocked country located in west-central Europe . It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau , the Alps and the Jura ; the Alps occupy the greater part of the territory, whereas most of the country's population of 9 million are concentrated on

3108-613: The Swiss economy . During the Cold War , Swiss authorities considered the construction of a Swiss nuclear bomb . Leading nuclear physicists at the Federal Institute of Technology Zurich such as Paul Scherrer made this a realistic possibility. In 1988, the Paul Scherrer Institute was founded in his name to explore the therapeutic uses of neutron scattering technologies. Financial problems with

3219-998: The WTO , the WHO , the ILO , FIFA , the WEF , and the UN. It is a founding member of the European Free Trade Association (EFTA), but not part of the European Union (EU), the European Economic Area , or the eurozone ; however, it participates in the European single market and the Schengen Area . Switzerland is a federal republic composed of 26 cantons , with federal authorities based in Bern . Switzerland

3330-457: The commander-in-chief for the duration of the war ordered a general mobilisation of the armed forces. The Swiss military strategy changed from static defence at the borders to organised long-term attrition and withdrawal to strong, well-stockpiled positions high in the Alps, known as the Reduit . Switzerland was an important base for espionage by both sides and often mediated communications between

3441-532: The "J-Stamp", as part of the ongoing negotiations, was also mentioned.): "It was the Federal Council which decided to close the borders on 18 August 1938, which signed the agreement with Germany concerning the «J»-stamp in Jewish passports on 29 September 1938 and which decided on the subsequent introduction of compulsory visas for German «non-Aryans» on 4 October 1938." The change in description came as

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3552-557: The 1930s, Switzerland, increasingly applied restrictions on the admission of foreigners in the name of national security. Switzerland, apparently on its own initiative began to openly apply racist selection criteria according to the Nazi definition. Initial reports produced by the Bergier Commission received news coverage as they suggested that, in 1938, even before the war broke out, the Swiss Government requested

3663-639: The 19th century, Switzerland had a positive humanitarian image based upon the tradition of granting asylum, providing good offices, humanitarian aid, particularly through the work of the Geneva-based International Committee of the Red Cross (ICRC). However, after the First World War, Switzerland was not immune to xenophobic and antisemitic sentiments that were spreading through Europe. As in other Western countries in

3774-421: The Allies due to its geographical location: it was the easiest country on the continent for refugees to reach. Thousands of refugees were sent back even though authorities knew that they were likely sending them to their deaths. The ICE concluded: Switzerland, and in particular its political leaders, failed when it came to generously offering protection to persecuted Jews. This is all the more serious in view of

3885-615: The Bold of Burgundy during the 1470s, and the success of the Swiss mercenaries . The Swiss victory in the Swabian War against the Swabian League of Emperor Maximilian I in 1499 amounted to de facto independence within the Holy Roman Empire . In 1501, Basel and Schaffhausen joined the Old Swiss Confederacy. The Confederacy acquired a reputation of invincibility during these earlier wars, but expansion of

3996-608: The EU was attained that eliminated quotas on EU citizens, but still allowed favourable treatment of Swiss-based job applicants. On 27 September 2020, 62% of Swiss voters rejected the anti-free movement referendum by SVP. Extending across the north and south side of the Alps in west -central Europe, Switzerland encompasses diverse landscapes and climates across its 41,285 square kilometres (15,940 sq mi). Switzerland lies between latitudes 45° and 48° N , and longitudes 5° and 11° E . It contains three basic topographical areas:

4107-589: The French in the name of the Helvetic Republic. In 1803 Napoleon organised a meeting of the leading Swiss politicians from both sides in Paris. The Act of Mediation was the result, which largely restored Swiss autonomy and introduced a Confederation of 19 cantons. Henceforth, much of Swiss politics would concern balancing the cantons' tradition of self-rule with the need for a central government. In 1815

4218-476: The German laws were passed. Toward the end of 1937, Swiss insurers came under increasing pressure to get rid of all Jewish employees not only in their offices in Germany, but also in their home offices in Switzerland. "With one exception, Swiss insurers supported the furnishing of such proof, thus endorsing discrimination against the Jews and extending the scope of Germany's racial laws to Switzerland as well." After

4329-563: The German state bank sold gold valued 101.2 million Swiss francs to Swiss commercial banks and 1,231.1 million francs through the Swiss National Bank (SNB). While its trading role as such could be seen as the result of maintaining neutrality, a proportion of the gold had in fact been stolen from private individuals and the central banks of Germany's defeated neighbors (particularly Belgium and the Netherlands). This looted gold

4440-701: The Helvetic Republic, was highly unpopular. An invading foreign army had imposed and destroyed centuries of tradition, making Switzerland nothing more than a French satellite state . The fierce French suppression of the Nidwalden Revolt in September 1798 was an example of the oppressive presence of the French Army and the local population's resistance to the occupation. When war broke out between France and its rivals, Russian and Austrian forces invaded Switzerland. The Swiss refused to fight alongside

4551-588: The Helvetii were forced by Caesar to return to their original lands, where they were subjected to stringent restrictions on their autonomy and movements. In 15 BC, Tiberius (later the second Roman emperor) and his brother Drusus conquered the Alps, integrating them into the Roman Empire . The area occupied by the Helvetii first became part of Rome's Gallia Belgica province and then of its Germania Superior province. The eastern portion of modern Switzerland

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4662-591: The Holy Roman Empire and its neutrality . During the Early Modern period of Swiss history, the growing authoritarianism of the patriciate families combined with a financial crisis in the wake of the Thirty Years' War led to the Swiss peasant war of 1653 . In the background to this struggle, the conflict between Catholic and Protestant cantons persisted, erupting in further violence at

4773-454: The Nazi authorities to stamp all passports of German Jews with a "J" as the Swiss did not recognize the right to asylum of those fleeing racial persecution. The final report did not deem the "J stamp" a Swiss 'idea' but rather stated that the Swiss executive branch, the Federal Council , was responsible for consenting to an agreement with Germany that established its creation (although Swiss ambassador to Nazi Germany Hans Frölicher's support for

4884-423: The Nazi regime to attain its goals. Refugee figures are hard to come by. However the commission concluded that during the Second World War Switzerland offered refuge from Nazi persecution to some 60,000 refugees for varying periods of time, a little under 50% of whom were Jewish. The commission carefully explained the difficulty of estimating the number of refugees, most of whom were probably Jewish, turned away. In

4995-609: The Nazi's flouting of established legal tradition....In this way, the Swiss insurers helped to cover up events which would have cast the completely illegal and immoral methods of the German state and party organisation in November 1938 into sharp relief." Swiss companies who were operating during the Nazi period in Germany had already been well-established before the Nazis came to power. Apparently, business concerns rather than an ideological commitment to Nazis determined their continued operation. However, established Swiss companies continued to operate although they adapted in different ways to

5106-444: The Nazis came to power in Germany in 1933. Many in the Swiss insurance sector were worried that German nationalism and xenophobia (not to mention the rise of a virulent anti-semitic ideology) would have adverse effects on it. This led some Swiss insurance firms (i.e. Vereinigte Krankenversicherungs AG, a subsidiary of Schweizer Rück) to anticipate German laws before they were enacted by dismissing their Jewish employees in 1933 even before

5217-419: The Nazis regime. The contribution of Swiss companies to the German war effort was important, if not decisive. The vast majority of the production of Swiss-owned companies in Germany was civilian goods. The commission concluded: "Among the few neutral countries, Switzerland made the greatest contribution towards the German war effort since it was Switzerland which had the greatest presence in both Germany itself and

5328-404: The Reich was at least 300 million francs. Postwar restitution: After negotiations, the Swiss government signed the Washington Agreement in May 1946 which called to a payment by the Swiss of 250 million francs in exchange for the dropping of claims relating to the Swiss role in incriminating gold transactions during the war period. However, the controversial issue of gold looted from the Netherlands

5439-440: The Swiss Alps. 90% of Switzerland's 65,000-kilometre-long network of rivers and streams have been straightened, dammed, canalized or channeled underground, in an effort to prevent natural disasters such as flooding, landslides, and avalanches. 80% of all Swiss drinking water comes from groundwater sources. Forty-eight mountains are 4,000 metres (13,000 ft) or higher in height. At 4,634 m (15,203 ft), Monte Rosa

5550-407: The Swiss People's Party (SVP/UDC) to restrict immigration . This initiative was mostly backed by rural (57.6% approval) and suburban groups (51.2% approval), and isolated towns (51.3% approval) as well as by a strong majority (69.2% approval) in Ticino, while metropolitan centres (58.5% rejection) and the French-speaking part (58.5% rejection) rejected it. In December 2016, a political compromise with

5661-401: The Swiss banks were murdered by the Nazi regime. Some of their assets were handed over to the German government while the rest remained in dormant accounts in the Swiss financial institutions. After the war the resolution of the assets that had been handed over as well as the dormant accounts and looted securities was not solved. ICE reported: The banks were able to use the amounts remaining in

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5772-442: The Swiss drew up a constitution that provided for a federal layout , much of it inspired by the American example . This constitution provided central authority while leaving the cantons the right to self-government on local issues. Giving credit to those who favoured the power of the cantons (the Sonderbund Kantone), the national assembly was divided between an upper house (the Council of States , two representatives per canton) and

5883-439: The accounts and to earn income from them. They showed little interest in actively seeking accounts of Nazi victims, justifying their inaction with the confidentiality desired by their customers. What the victims of National Socialism and their heirs thought to be the advantages of the Swiss banking system turned out to be disadvantageous for them. The German market was an important market for the Swiss insurance companies even before

5994-423: The adoption of the Swiss Federal Constitution in 1848. Switzerland's precursors established a defensive alliance in 1291, forming a loose confederation that persisted for centuries. The oldest traces of hominid existence in Switzerland date to about 150,000 years ago. The oldest known farming settlements in Switzerland, which were found at Gächlingen , date to around 5300 BC. The earliest known tribes formed

6105-438: The bombings, which violated the 96th Article of War , resulted from navigation errors, equipment failure, weather conditions, and pilot errors. The Swiss expressed fear and concern that the bombings were intended to put pressure on Switzerland to end economic cooperation and neutrality with Nazi Germany. Court-martial proceedings took place in England. The US paid SFR 62M for reparations. Switzerland's attitude towards refugees

6216-498: The borders with Austria or France." The commission identified a number of areas, particularly in the domain of private international law , where the courts applied the doctrine of " ordre public " which is an explicit ethical component of law: for example, Swiss courts "consistently took the view that Nazi anti-Semitic legislation must be deemed to constitute injustice which violated all legal principles and should therefore not be applied in practice." However, this doctrine based on what

6327-436: The citizens, the membership application was withdrawn. Nonetheless, Swiss law is gradually changing to conform with that of the EU, and the government signed bilateral agreements with the European Union. Switzerland, together with Liechtenstein, has been surrounded by the EU since Austria's entry in 1995. On 5 June 2005, Swiss voters agreed by a 55% majority to join the Schengen treaty , a result that EU commentators regarded as

6438-408: The commission found that the practice of certifying the Aryan origin of its staff was widespread among owners and senior managers of Swiss companies in Nazi-occupied territory. Even before 1938, the Swiss Federal Political Department had suggested the applying of German law concerning race to Swiss companies. The commission concluded that this "clearly shows that the FPD, ..., either completely misjudged

6549-454: The commission was unable to say much more about the size and importance of such involvement, concluding that "the notion that the trade in looted art – compared with the occupied territories of Western Europe – took place on a particularly large scale could not be confirmed. Conversely, one could argue that it is astonishing that this trade assumed such dimensions in Switzerland, a non-occupied country, which continued to function in accordance with

6660-473: The confederation suffered a setback in 1515 with the Swiss defeat in the Battle of Marignano . This ended the so-called "heroic" epoch of Swiss history. The success of Zwingli 's Reformation in some cantons led to inter-cantonal religious conflicts in 1529 and 1531 ( Wars of Kappel ). It was not until more than one hundred years after these internal wars that, in 1648, under the Peace of Westphalia , European countries recognised Switzerland's independence from

6771-410: The constitution forbade sending troops to serve abroad, marking the end of foreign service. It came with the expectation of serving the Holy See , and the Swiss were still obliged to serve Francis II of the Two Sicilies with Swiss Guards present at the siege of Gaeta in 1860 . An important clause of the constitution was that it could be entirely rewritten, if necessary, thus enabling it to evolve as

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6882-469: The constitution was revised with uncommonly strong elements of direct democracy , which remain unique today. Switzerland was not invaded during either of the world wars. During World War I , Switzerland was home to the revolutionary and founder of the Soviet Union Vladimir Illych Ulyanov ( Vladimir Lenin ) who remained there until 1917. Swiss neutrality was seriously questioned by the short-lived Grimm–Hoffmann affair in 1917. In 1920, Switzerland joined

6993-413: The countries it occupied." Finally, after the end of the war, the same companies which operated in Germany during the war were "able to continue or revive their activities without any major problems." Switzerland was an important hub for the traffic and trade in cultural assets such as paintings and other art objects. During the period between 1933 and 1945, the art market in Switzerland flourished. Much of

7104-404: The country top-level domain ".ch", are both taken from the state's Latin name). Helvetica is derived from the Helvetii , a Gaulish tribe living on the Swiss Plateau before the Roman era . Helvetia appeared as a national personification of the Swiss confederacy in the 17th century in a 1672 play by Johann Caspar Weissenbach. The state of Switzerland took its present form with

7215-402: The country, Schwiiz , is homophonous to that of the canton and the settlement, but distinguished by the use of the definite article ( d'Schwiiz for the Confederation, but simply Schwyz for the canton and the town). The long [iː] of Swiss German is historically and still often today spelled ⟨y⟩ rather than ⟨ii⟩ , preserving the original identity of

7326-409: The defence budget and ethical considerations prevented the substantial funds from being allocated, and the Nuclear Non-Proliferation Treaty of 1968 was seen as a valid alternative. Plans for building nuclear weapons were dropped by 1988. Switzerland joined the Council of Europe in 1963. Switzerland was the last Western republic (the Principality of Liechtenstein followed in 1984) to grant women

7437-418: The destructive pogrom riots on the night of 9 to 10 November 1938 , the German government issued an ordinance that Jews should pay for the destruction caused by the anti-Jewish rioters themselves and that any insurance money that was paid out should be paid to the German state rather than to the private individuals affected. The ICE found that, "In general, the Swiss companies reacted with remarkable passivity to

7548-415: The development of what were essentially early urban strongholds and city governments in Eastern Switzerland. By 1200, the Swiss Plateau comprised the dominions of the houses of Savoy , Zähringer , Habsburg , and Kyburg . Some regions ( Uri , Schwyz , Unterwalden , later known as Waldstätten ) were accorded the Imperial immediacy to grant the empire direct control over the mountain passes. With

7659-423: The eastern regions. Facing pressures from Germanic tribes, in 58 BC, the Helvetii, influenced by Orgetorix , a wealthy aristocrat, decided to abandon the Swiss Plateau for better opportunities in western Gallia. After Orgetorix's mysterious death, the tribe continued their migration but was decisively defeated by Julius Caesar's armies at the Battle of Bibracte , in present-day eastern France. Following their defeat,

7770-465: The end of the 15th century. The expansion led to increased power and wealth for the confederation. By 1460, the confederates controlled most of the territory south and west of the Rhine to the Alps and the Jura mountains , and the University of Basel was founded (with a faculty of medicine) establishing a tradition of chemical and medical research. This increased after victories against the Habsburgs ( Battle of Sempach , Battle of Näfels ), over Charles

7881-538: The end of the war and even later." There was very dubious trading on the unregulated Swiss security markets: looted assets from the newly occupied countries found their way into the Swiss markets, provoking a warning issued by the Allies in January 1943. "In 1946, the value of securities of dubious provenance to find their way to Switzerland during the war was estimated by the Federal Department of Finance (Eidgenössisches Finanzdepartement, EFD) to be between 50 and 100 million francs." Many foreigners who deposited money with

7992-568: The end of the war. Statistics indicating what proportion of the gold transferred was looted gold are hard to calculate. However, the commission points out that looted central bank reserves, mainly from Belgium, the Netherlands, and Luxembourg totaled 1,582 million francs and that the amount of gold stolen from Holocaust victims in Eastern Europe has been estimated 12.5 million francs while that expropriated and looted from individuals in

8103-532: The extermination of the Jews. In addition, Credit Suisse and the Swiss Bank Corporation closely cooperated with major German banks which resulted "in some of the most questionable transactions of the wartime period: dealings with gold booty and/or looted gold. As late as 1943, the Union Bank of Switzerland granted Deutsche Bank a new loan of over 500,000 francs. Relations were maintained until

8214-640: The extinction of its male line in 1263, the Kyburg dynasty fell in AD 1264. The Habsburgs under King Rudolph I (Holy Roman Emperor in 1273) laid claim to the Kyburg lands and annexed them, extending their territory to the eastern Swiss Plateau. The Old Swiss Confederacy was an alliance among the valley communities of the central Alps. The Confederacy was governed by nobles and patricians of various cantons who facilitated management of common interests and ensured peace on mountain trade routes. The Federal Charter of 1291

8325-467: The fact that the authorities, who were quite aware of the possible consequences of their decision, not only closed the borders in August 1942, but continued to apply this restrictive policy for over a year. By adopting numerous measures making it more difficult for refugees to reach safety, and by handing over the refugees caught directly to their persecutors, the Swiss authorities were instrumental in helping

8436-598: The failure of the state to offer any diplomatic protection to Swiss Jews residing in Nazi occupied territory. They conclude, "...diplomatic practice increasingly came into line with the ethnic «völkisch» criteria adopted by the Nazi state, an approach which sharply conflicted with the constitutional equality enjoyed by Jews in Switzerland since 1874." With respect to refugees, under existing Swiss domestic law, only refugees whose lives were at risk because of political activities could be granted asylum. This meant those who were fleeing because of racial persecution could be returned to

8547-401: The form of state guarantees to exporters. "The Swiss clearing loans made it possible for the German and Italian armies to fund their large-scale armaments purchases in Switzerland." Whether the contribution of Swiss exports to German rearmament during the war is considered to have been more or less significant does not affect the principal findings of our investigation. Of greater importance was

8658-540: The gold purches, as well as to its own advisors and the Swiss jurists whom it had consulted. It is hardly surprising that the SNB's decisions have—quite legitimately—been the subject of historical and moral assessment on frequent occasions and that its decisions are judged as having been reprehensible. During World War II, Swiss banks loaned money to a wide variety of German enterprises which were involved in armaments as well as activities linked to activities involved in

8769-661: The headwaters of several major rivers, such as the Rhine , Inn , Ticino and Rhône , which flow in the four cardinal directions, spreading across Europe. The hydrographic network includes several of the largest bodies of fresh water in Central and Western Europe, among which are Lake Geneva (Lac Léman in French), Lake Constance (Bodensee in German) and Lake Maggiore . Switzerland has more than 1500 lakes and contains 6% of Europe's freshwater stock. Lakes and glaciers cover about 6% of

8880-607: The highest costs of living . Switzerland holds an international reputation for its established banking sector, alongside its distinctive recognition for their watchmaking and chocolate production. It has four main linguistic and cultural regions: German, French, Italian and Romansh . Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared values such as federalism and direct democracy , and Alpine symbolism. Swiss identity transcends language, ethnicity, and religion, leading to Switzerland being described as

8991-612: The last widely recognised state without full UN membership. Switzerland is a founding member of the EFTA but not the European Economic Area (EEA). An application for membership in the European Union was sent in May 1992, but did not advance since rejecting the EEA in December 1992 when Switzerland conducted a referendum on the EEA. Several referendums on the EU issue ensued; due to opposition from

9102-456: The legal, political and ethical implications of doing so, or ignored any misgivings they might have had for the sake of commercial interests." After 1938, it became impossible for Swiss companies operating in Nazi controlled areas to avoid applying aryanization policy if they were to continue to operate. Switzerland in Europe  (green and dark grey) Switzerland , officially

9213-814: The national territory. Lake Geneva is the largest lake and is shared with France. The Rhône is both the main source and outflow of Lake Geneva. Lake Constance is the second largest and, like Lake Geneva, an intermediate step by the Rhine at the border with Austria and Germany. While the Rhône flows into the Mediterranean Sea at the French Camargue region and the Rhine flows into the North Sea at Rotterdam , about 1,000 kilometres (620 miles) apart, both springs are only about 22 kilometres (14 miles) apart in

9324-476: The need to maintain Switzerland's neutral status. The report points out that the legal arguments were particularly tenuous (and were pointed out to SNB officials at the time): the right to seizure as outlined in the Hague conventions pertains only to state property and not to the gold owned privately nor by the central banks concerned which were then private institutions. However, Swiss purchase continued right up until

9435-582: The patriciate was only temporary. After a period of unrest with repeated violent clashes, such as the Züriputsch of 1839, civil war (the Sonderbundskrieg ) broke out in 1847 when some Catholic cantons tried to set up a separate alliance (the Sonderbund ). The war lasted less than a month, causing fewer than 100 casualties, most of which were through friendly fire . The Sonderbundskrieg had

9546-531: The period from 1 January 1942, after the borders were closed, to 31 December 1942, 3,507 refugees were turned back. In August 2001 when the commission issued a final conclusion, with respect to refugee policy, stating that, "measured against its previous stand in terms of humanitarian aid and asylum where its refugee policy was concerned, neutral Switzerland not only failed to live up to its own standards, but also violated fundamental humanitarian principles." The commission defined its focus: "The question which arises

9657-450: The persecuting government. However, in July 1936, Switzerland ratified a provisional arrangement concerning the status of refugees coming from Germany: "Switzerland violated this agreement by handing refugees from Germany, whose lives were at risk and who had crossed the border (legally or illegally) and were not apprehended immediately in the border's vicinity, over to the German authorities on

9768-539: The plateau, which hosts its largest cities and economic centres, including Zurich , Geneva , and Basel . Switzerland originates from the Old Swiss Confederacy established in the Late Middle Ages , following a series of military successes against Austria and Burgundy ; the Federal Charter of 1291 is considered the country's founding document. Swiss independence from the Holy Roman Empire

9879-487: The population with food and purchasing power." To achieve this goal, the Federal government set up structure in order to control foreign trade. This was done in part through continual negotiations with the warring parties, particularly with Nazi Germany. On the whole, this policy was successful: "Switzerland's efforts to achieve close economic co-operation with Germany brought it dual advantages. Swiss businesses emerged from

9990-436: The protectionist 1930's. This worsened when war broke out in 1939. "Maintaining trade and business traffic was an 'essential precondition for conducting the wartime economy...'" Swiss exports were a necessary condition for obtaining imports of necessary food and raw materials required for the population. Maintaining trade with the warring powers was thus required to meet "the domestic political objectives, in particular to supply

10101-414: The right to vote . Some Swiss cantons approved this in 1959, while at the federal level, it was achieved in 1971 and, after resistance, in the last canton Appenzell Innerrhoden (one of only two remaining Landsgemeinde , along with Glarus ) in 1990. After obtaining suffrage at the federal level, women quickly rose in political significance. The first woman on the seven-member Federal Council executive

10212-435: The role played by Switzerland in the years leading up to 1933, when – together with other European countries – it accommodated the covert rearmament of Germany. Without this opportunity, Germany would not have been able to start a pan-European war in so short a time. During the Second World War, Switzerland was the hub of European gold trade. 77% of the German gold shipments abroad were arranged through it. Between 1940 and 1945,

10323-451: The rule of law." The commission outlines a number of instances where established law as interpreted by the courts was ignored by the Federal government ruling by decree under the emergency powers granted to it by Federal parliament in 1939. One of the most important aspects was the abandonment of constitutional principal of equality before the law which had far reaching impact on the treatment of foreigners, minority citizens and contributed to

10434-778: The sixth century, following Clovis I 's victory over the Alemanni at Tolbiac in 504 AD, and later Frankish domination of the Burgundians. Throughout the rest of the sixth, seventh and eighth centuries, Swiss regions continued under Frankish hegemony ( Merovingian and Carolingian dynasties) but after its extension under Charlemagne , the Frankish Empire was divided by the Treaty of Verdun in 843. The territories of present-day Switzerland became divided into Middle Francia and East Francia until they were reunified under

10545-488: The so-called degenerate art , and the art that came from the plundering of public and private collections in the occupied territories. The commission concluded that "Swiss involvement in the Nazi regime's looting and cultural policy was considerable and diverse; as a result, Hitler's and Goering's collections were boosted by the acquisition of major works by the Old Masters and the school of German Romanticism". However,

10656-510: The trade was legitimate, at least in the sense that the owners of a piece of art were selling in order to raise money often so they could flee Nazi territories. Thus much of the trade took place through the Swiss hub. The commission distinguishes two types of questionable trade: 1) trade in "flight assets" and 2) trade in "looted assets". Under definition of the commission, "Flight assets were those which were brought into or through Switzerland, often by their (Jewish) owners themselves." Their sale

10767-633: The two names even in writing. The Latin name Confoederatio Helvetica was neologised and introduced gradually after the formation of the federal state in 1848, harking back to the Napoleonic Helvetic Republic . It appeared on coins from 1879, inscribed on the Federal Palace in 1902 and after 1948 used in the official seal (e.g., the ISO banking code "CHF" for the Swiss franc , the Swiss postage stamps ('HELVETIA') and

10878-522: The volume and fate of assets moved to Switzerland before, during, and immediately after the Second World War . The investigation was to be made from a historical and legal point of view, with a particular emphasis on the links between the Nazi regime and Swiss banks. The mandate covers almost every type of asset , including gold , currency and cultural assets. The content of the research program

10989-429: The war years both technologically and financially stronger. The state was able to realise the central objectives of its defence and economic policies." Switzerland intended to continue economic relations with all countries, but because of the war, there was a large shift to relations with the Axis powers resulting in large increases in exports to the Axis powers and large reductions in trade with England and France (and to

11100-695: The wider world by Axis-controlled territory. Over the course of the war, Switzerland interned over 300,000 refugees aided by the International Red Cross , based in Geneva. Strict immigration and asylum policies and the financial relationships with Nazi Germany raised controversy, only at the end of the 20th century. During the war, the Swiss Air Force engaged aircraft of both sides, shooting down 11 intruding Luftwaffe planes in May and June 1940, then forcing down other intruders after

11211-560: Was Elisabeth Kopp , who served from 1984 to 1989, and the first female president was Ruth Dreifuss in 1999. In 1979 areas from the canton of Bern attained independence from the Bernese, forming the new canton of Jura . On 18 April 1999, the Swiss population and the cantons voted in favour of a completely revised federal constitution . In 2002 Switzerland became a full member of the United Nations, leaving Vatican City as

11322-415: Was broadened by the government to include economic relations, arms production, "Aryanisation measures", the monetary system, and refugee policy. The commission did not set out to write a general history of Switzerland during the Nazi era; rather, it took as its task "to shed light upon certain controversial or insufficiently analyzed aspects of this history, aspects in which it appeared that Switzerland, that

11433-575: Was complicated and controversial; over the course of the war, it admitted as many as 300,000 refugees while refusing tens of thousands more, including Jews persecuted by the Nazis. After the war, the Swiss government exported credits through the charitable fund known as the Schweizerspende and donated to the Marshall Plan to help Europe's recovery, efforts that ultimately benefited

11544-441: Was directly linked to the persecution of their owners who needed to raise money for their flight or as a way to keep assets out of the hands of the Nazis or even the result of forced sales. Looted assets were those that were confiscated by the Germans either from private individuals or from museums in Germany or occupied territories. A distinction is made between those looted assets that were confiscated "legally" from German museums,

11655-462: Was first attested in 972, as Old High German Suittes , perhaps related to swedan 'to burn' (cf. Old Norse svíða 'to singe, burn'), referring to the area of forest that was burned and cleared to build. The name was extended to the area dominated by the canton, and after the Swabian War of 1499 gradually came to be used for the entire Confederation. The Swiss German name of

11766-581: Was formally recognised in the Peace of Westphalia in 1648. Switzerland has maintained a policy of armed neutrality since the 16th century and has not fought an international war since 1815 . It joined the United Nations only in 2002 but pursues an active foreign policy that includes frequent involvement in peace building . Switzerland is the birthplace of the Red Cross and hosts the headquarters or offices of most major international institutions including

11877-564: Was integrated into the Roman province of Raetia . Sometime around the start of the Common Era , the Romans maintained a large camp called Vindonissa , now a ruin at the confluence of the Aare and Reuss rivers, near the town of Windisch . The first and second century AD was an age of prosperity on the Swiss Plateau. Towns such as Aventicum , Iulia Equestris and Augusta Raurica reached

11988-454: Was part of the territory of the Kings of the Burgundians , who introduced the French language to the area. The Alemanni settled the Swiss Plateau in the fifth century and the valleys of the Alps in the eighth century, forming Alemannia . Modern-day Switzerland was then divided between the kingdoms of Alemannia and Burgundy . The entire region became part of the expanding Frankish Empire in

12099-489: Was raised too late to be included in the Washington negotiations. The commission concluded: ...starting from 1942 in particular, it made a number of key decisions relating to the German gold transactions which had little to do with the technical aspects of currency management. Its analysis of the legal position after 1943 was fundamentally flawed. It was an affront to the Allies, who had repeatedly warned Switzerland about

12210-414: Was right and proper under Swiss law was not extended to practices which were incompatible with more universal, non-codified principles such as the principle of humanity. The initial reaction to Nazi policy of discriminating against Jews was mixed with some of the companies complying readily and even anticipating laws to come, while others held out and resisted discriminating as long as they could. However,

12321-404: Was then sold to the Swiss for Swiss francs which were used for making strategic purchases for the German war effort. Already during the war, the Allies condemned the gold transactions, and at its end, they demanded the "full restitution of the looted gold." Swiss justification for their role ranged from lack of knowledge of where the gold originated to the right of seizure by an invading power to

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