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ZURICH, May 26: The Swiss government has set up a working group to consider how to support the economy in the case of an escalation of the euro zone crisis, Economy Minister Johann Schneider-Amman was quoted as saying on Saturday.
He told Swiss radio the working group was drawing up plans on how the government could intervene to support financial and labour markets if the economy was hit in a worst-case scenario.
He said the Swiss National Bank (SNB) would also have to work hard to defend the cap it set on the soaring franc last September if the crisis worsens.—Reuters
