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How much money will Euro 2008 bring to Switzerland?

April 26, 2017bring Euro money Switzerland

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How much money will Euro 2008 bring to Switzerland?

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According to estimates by Rütter & Partner, EURO 2008 will generate economically relevant revenues of between CHF 1.1 billion (minimum scenario) and CHF 1.5 billion (maximum scenario). This corresponds to EUR 657 million or EUR 898 million, respectively. Added value: In Switzerland, the additional revenues generated by EURO 2008 will result in a gross added value of between CHF 640 million (EUR 383.2 million) and CHF 860 million (EUR 515 million). On an annual basis, this amounts to a GDP contribution of between 0.14 and 0.18% (Rütter & Partner). Employment: EURO 2008 will result in an employment volume equivalent to between 5,290 and 7,350 full-time jobs and total wages of between CHF 370 million (EUR 221.6 million) and CHF 490 million (EUR 293.4 million). However, only a part of these will be additional jobs as the extra work will also be covered by existing personnel (overtime). Visitors and tourism: Overall, the public viewing zones and fan miles will attract an estimated 2.8 to 5.