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Swiss federal govt sees budget surplus for 2010

ZURICH, Aug 11 (Reuters) - Switzerland now expects to book a 600 million franc budget surplus this year rather than the previously planned 2 billion deficit, thanks to a surprisingly strong economic recovery, the Federal Finance Ministry said on Wednesday.

The ministry attributed the improved performance to higher than-expected tax revenues in the first half of the year.

The Swiss economy has emerged less bruised from the economic crisis than many other European countries and the Swiss central bank expects healthy growth of about 2 percent for this year.

Switzerland only launched relatively small economic stimulus programmes in the crisis and the federal government ran up a surplus even in the recession year 2009, partly thanks to a profit from its bailout of the country's largest bank UBS.UBSN.VX

Reporting by Sven Egenter; editing by Patrick Graham

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