Word: switzerland
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Dates: during 1980-1989
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...quarter-century Switzerland has led a charmed political life, thanks largely to a "magic formula" that left little room for opposition to government policy. The scheme's principal feature was the inclusion of representatives of all four major political parties on the seven-man Federal Council that serves as the quadrilingual nation's governing body...
Many Swiss women felt betrayed by the vote. "We live in a patriarchal society," proclaimed Marie-Therese Gwerder, Switzerland's most popular television announcer. Said Leni Robert, an independent member of Parliament...
Rank-and-file Social Democrats will gather in Bern in February to ratify their leaders' decision to leave the coalition. The outcome of the vote is not certain. Even if the party goes into opposition, Switzerland will no doubt remain a model of economic and political stability. But for Swiss men the experience may serve as a warning that it takes more than a magic formula to preserve harmony at home...
...plan to go public generates potential fortunes-and problems Diana Parsons was skiing in Switzerland with her family when a stranger called from London with the news. The British farmwife, 44, could be a multimillionaire, thanks to a distant relative named Dundas who had bought some stocks three generations ago. As a shareholder in a company that is a part owner of Reuters Ltd., the London-based news agency, Parsons could gain some $4 million. All over Britain, would-be millionaires are racing to lay claim to part of the estimated $1.5 billion that Reuters may be worth...
...recovery, however, is uneven. Northern Europe is leading the move out of three years of recession and near stagnation. Britain, once the laggard of the European Community, is now in the forefront of the Common Market, followed closely by West Germany, The Netherlands, Belgium and Switzerland. The southern, Socialist-led countries, France, Greece and Spain, are expected to miss out on the first stages of the upswing. Only Italy will probably join the north in a spurt of growth this year...