Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > World reacts to fatal fire at Swiss ski resort bar
    Finance

    World reacts to fatal fire at Swiss ski resort bar

    Published by Global Banking & Finance Review®

    Posted on January 1, 2026

    4 min read

    Last updated: January 20, 2026

    World reacts to fatal fire at Swiss ski resort bar - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insurancefinancial servicesinvestment

    Quick Summary

    A tragic fire at Crans-Montana ski resort in Switzerland has led to numerous casualties, prompting global reactions and support from world leaders.

    World Leaders React to Tragic Fire at Swiss Ski Resort

    Jan 1 (Reuters) - World leaders reacted to a fatal fire that tore through a crowded bar during a New Year's Eve party in the upscale Swiss ski resort of Crans-Montana. Here are some of their comments:

    SWISS FEDERAL PRESIDENT GUY PARMELIN:

    "The fire that broke out last night in a bar in Crans-Montana is one of the worst tragedies our country has ever known ... The events that took place last night in this public establishment are a tragedy of unprecedented and appalling proportions. Many lives, most of them young, have been lost. Around a hundred people have been injured, often seriously, and behind these figures there are faces, names, families and lives that have been brutally cut short or forever changed."

    FRENCH PRESIDENT EMMANUEL MACRON ON X:

    "I met with the President of the Swiss Confederation @ParmelinG to express our solidarity. The toll is terrible. Our thoughts are with the families.

    "Our diplomatic and consular teams are following the situation and providing the necessary assistance to our compatriots affected by this tragedy.

    "France is welcoming the injured in its hospitals and stands ready to provide any assistance.

    "Thank you to the teams and caregivers mobilized."

    GERMAN CHANCELLOR FRIEDRICH MERZ ON X:

    "A moment of joy turned into tragedy in Crans-Montana, Switzerland. These events are deeply distressing. Our thoughts are with those affected and their loved ones. We wish the injured a swift and full recovery."

    EUROPEAN COMMISSION CHIEF URSULA VON DER LEYEN ON X:

    "Deeply saddened by the fire in Crans-Montana.

    "My thoughts are with the victims, their families and all those affected.

    "We are liaising with Swiss authorities to provide medical assistance to the victims through the EU Civil Protection Mechanism.

    "Europe stands in full solidarity with Switzerland."

    EU FOREIGN POLICY CHIEF KAJA KALLAS ON X:

    "My thoughts are with the victims, those injured, and their families following the devastating fire in Crans-Montana, Switzerland.

    "A New Year’s celebration meant to bring hope and joy should never be marred by fear and loss. I commend the courage of those who risked their lives to help others.

    "We offer our deepest condolences to @IgnazioCassis and the Swiss people during this moment of sorrow."

    EUROPEAN PARLIAMENT PRESIDENT ROBERTA METSOLA:

    "The tragic fire at a Swiss ski resort bar in Crans-Montana is a heartbreaking way to begin the New Year.

    "I am deeply saddened by this news.

    "My thoughts are with all those affected, the injured, and the families and loved ones facing an unimaginable loss on the first night of the year."

    UKRAINIAN PRESIDENT VOLODYMYR ZELENSKIY ON X:

    "A devastating tragedy occurred in Switzerland on New Year’s Day. According to available information, about forty people were killed and around one hundred were injured as a result of an explosion at the Crans-Montana ski resort. We grieve every time lives are lost. The most important thing is to do everything to prevent tragedies like this from ever happening anywhere in the world. We express our condolences to the people of Switzerland, to @ParmelinG, and to all those who have lost their family members and loved ones, and we wish a swift recovery to everyone who was injured."

    CZECH FOREIGN MINISTER PETR MACINKA ON X:

    "With deep sorrow, I am following the news of the tragic explosion at the ski resort in Crans-Montana. I extend my condolences to the families of the victims and wish a swift recovery to all those injured. Czechia stands with Switzerland in this difficult moment."

    SLOVAK FOREIGN MINISTER JURAJ BLANAR ON X:

    "I extend my sincere condolences to the families and loved ones of the victims of the tragic incident at a ski resort in Switzerland. During these difficult times, our thoughts are with the Swiss people, and we express our solidarity @ignaziocassis. Some of the victims are also foreign nationals; however, due to the ongoing investigation, their nationality has not yet been confirmed. Through our embassy in Bern, we are in contact with the local authorities and stand ready to provide our citizens with any necessary assistance."

    (Reporting by Reuters bureaux; Editing by Howard Goller)

    Key Takeaways

    • •A fatal fire occurred at a bar in Crans-Montana, Switzerland.
    • •World leaders express condolences and support.
    • •The fire resulted in numerous casualties and injuries.
    • •International assistance is being coordinated.
    • •The tragedy has drawn global attention and solidarity.

    Frequently Asked Questions about World reacts to fatal fire at Swiss ski resort bar

    1What is a financial service?

    Financial services refer to a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management, aimed at managing money and providing financial solutions.

    2What is investment?

    Investment is the act of allocating resources, usually money, to generate income or profit. It can involve purchasing assets such as stocks, bonds, real estate, or other financial instruments with the expectation of future returns.

    More from Finance

    Explore more articles in the Finance category

    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    View All Finance Posts
    Previous Finance PostWall Street ends mixed at the top of the new year; Treasury yields move higher
    Next Finance PostRussia and Ukraine trade allegations of civilian attacks on New Year's day