Coronavirus crisis could push Swiss budget deficit to 6% of GDP
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ZURICH (Reuters) - Switzerland's federal budget deficit could jump to around 6% of national output this year, its finance minister said on Wednesday, due to the costs of higher unemployment and a massive aid package for businesses hit by the coronavirus crisis.Switzerland ran a federal budget surplus of 3.60 billion francs in 2019 but, like other countries around the world, it has been forced to shutter much of the economy over the past few weeks to stem the spread of the disease.Finance..