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Federal Councillor Guy Parmelin resigns after years in cabinet

Guy Parmelin, the winegrower-turned-minister who was often underestimated until the pandemic made him a crisis manager, has announced he will leave the Federal Council at the end of the year. His departure triggers the usual choreographed scramble for a successor, a process that determines not just who joins the seven-member executive, but which party controls which ministry.

The Swiss People's Party (SVP) must now find a candidate who is conservative enough for the base but moderate enough for parliament to actually elect. Magdalena Martullo-Blocher, a prominent SVP figure, has already used a television appearance to clarify she will not be that person. The vacancy arrives as the government tries to sell the Bilateral III package to a skeptical public; opponents have already begun describing the EU deal as a betrayal of independence.

Elsewhere, the Zurich Film Festival has opened with its usual Hollywood guest list, though the city appears largely unmoved by its presence after 22 years. At the same time, an analysis of UBS questions whether the bank has become so tied to the national identity that it is now too Swiss to be successfully sold.

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Federal Councillor Parmelin Resigns, Succession Debate Begins

Federal Councillor Guy Parmelin, who is the President of the Swiss Confederation for 2026 and Head of the Federal Department of Economic Affairs, Education and Research, announced his resignation from the Federal Council at the end of 2026 after 11 years of service. His decision has immediately triggered a succession debate, with various political figures and media outlets speculating on potential candidates to fill the vacant seat. Magdalena Martullo-Blocher, a National Councillor for the…

EU Relations and Bilateral Treaties Debate

The debate surrounding Switzerland's relationship with the European Union, specifically the 'Bilateral III' package, continues, with opponents attempting to frame a potential referendum as a challenge to national independence. National Councillor Magdalena Martullo-Blocher of the Swiss People's Party (SVP) strongly criticized the EU package, asserting that its supporters are 'betraying the country.'

UBS Future: Too Swiss to Be Sold?

An analysis is questioning the future of Swiss bank UBS, specifically whether its inherent 'Swissness' makes it too challenging to be successfully sold.

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