Switzerland

  • Agreement in Swiss Bank Case Could Mean More for Survivors

    Swiss banks and the U.S. judge overseeing a $1.25 billion settlement of Holocaust-era claims have reached an agreement that may yield hundreds of millions of dollars in additional assets for survivors and their heirs. Reached June 10 between Credit Suisse, UBS AG and the U.S. District Court of Eastern New York, the agreement for the… More ▸

  • In Letter, Claims Conference Weighs in on Swiss Bank Payments

    A battle is brewing at the main organization managing Holocaust restitution payments over how a massive Swiss bank fund should be distributed among survivors. Two senior members of the Claims Conference, which distributes restitution payments from Germany and other nations to Holocaust survivors, have urged an adviser to the judge overseeing the $1.25 Swiss bank… More ▸

  • Israeli Officials Jump into Fray over Use of Swiss Bank Settlement

    Israeli officials are blasting recommendations that money from the $1.25 billion Swiss banks settlement should be used to help Holocaust survivors in the former Soviet Union before others. The criticism surfaced Sunday in a special meeting of the Knesset’s Ministerial Committee on the Restoration of Jewish Property, which included Cabinet minister Natan Sharansky and Sallai… More ▸

  • Israeli Groups Set to Challenge Recommendations on Swiss Fund

    Senior Israeli officials are preparing to challenge a report to a federal judge urging that Holocaust survivors in the former Soviet Union be given compensation priority from the $1.25 billion Swiss bank settlement ahead of survivors in Israel. The Knesset’s Ministerial Committee on the Restoration of Jewish Property is set to meet Sunday on the… More ▸

  • Survivor Groups Set for Battle After New Proposal on Swiss Banks Money

    The U.S. federal court overseeing the $1.25 billion Swiss banks Holocaust settlement this week moved a step closer to awarding much of the remaining money to poor survivors in the former Soviet Union. Judge Edward Korman of the U.S. District Court of Eastern New York ultimately will decide how the approximately $650 million remaining will… More ▸

  • As Ruling Nears in Swiss Bank Case, Groups Demand a Piece of the Money

    A chunk of the remaining money in the $1.25 billion Holocaust-era Swiss banks settlement seems headed to the poorest of Holocaust survivors in the former Soviet Union. That was the most likely scenario after the presiding judge in the case, Edward Korman of the U.S. District Court of Eastern New York, issued a scathing rebuke… More ▸

  • Some Swiss Jews Shed Jewish Signs After Anti-semitic Incidents Create Fear

    Anti-Semitic incidents are causing fear among some Jews in Switzerland — and prompting the government to call for a conference on the issue. A Jewish researcher who often wears a Star of David says she recently was attacked in a campus elevator by Arab students. In another incident, the researcher said, an Arab student refused… More ▸

  • Swiss Legislators Blast Government for Its Support of the ‘geneva Accord’

    Swiss legislators are criticizing their government for offering financial and logistical support to the “Geneva accord” initiative for Israeli-Palestinian peace. Foreign Minister Micheline Calmy-Rey came under fire Tuesday from some legislators and a group called the Swiss Taxpayer Association. “The support of the so-called Geneva initiative is a waste of taxpayers’ money,” the association’s president,… More ▸

  • Swiss Police Raid the Offices of Local Group Linked to Hamas

    Swiss police have raided the branch office of a pro-Palestinian organization. The police recently searched offices and apartments where the organization, known as Pro-PLO, was operating in Schaffhausen, a city 30 miles east of Zurich. Police arrested several people and confiscated a computer and other materials, said Patric Illi, founder of the group. A Swiss… More ▸