I once rented servers from Switzerland. I guess mainly based on the image of them being secure, privacy-oriented etc. It was not cheap, of course, but I was fine with that.
Turns out that they had really lousy security practice, their staff was probably some idiots. The granted access to our servers to some random dude with simple social engineering hack. In addition they never admitted their mistake, although it was clear from the admin console what had happened (I guess they didn't even research it).
The company in question was Private Layer Inc. Never use their services. I will personally never trust anything Swiss on any IT-related.