In three years, Kriens' debt of 200 million Swiss francs has dissolved and turned into a net asset of 157 million Swiss francs. All thanks to the pharmaceutical company MSD. But what does it mean if a taxpayer can turn the finances of a city so upside down?
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
In three years, Kriens' debt of 200 million Swiss francs has dissolved and turned into a net asset of 157 million Swiss francs. All thanks to the pharmaceutical company MSD. But what does it mean if a taxpayer can turn the finances of a city so upside down?