Swiss SVP rejects VAT hike for AHV, launches 2027 election campaign

Switzerland's largest party, the SVP, formally rejected a proposed VAT increase to fund the AHV pension system and adopted voting recommendations, signaling a key campaign theme for the 2027 federal elections. The move sets up a political battle over pension financing, with the SVP opposing fiscal measures favored by other parties. The outcome of this debate will shape Swiss fiscal policy and social security reform ahead of the elections.