Switzerland can afford to gamble on EU referendum LJucca
The European Commission won’t extend the equivalence regime that lets EU investors trade on Swiss bourses and vice versa beyond July 1, a European Union diplomat told Reuters on June 21. The Swiss government said on June 24 it would retaliate by blocking EU exchanges from trading Swiss shares.
The commission's move follows Bern's decision, after five years of talks, not to endorse a draft framework agreement aimed at simplifying over 120 bilateral treaties and deals that govern relationships between Switzerland and the EU. Under the Swiss direct democracy system, such a deal would likely have to be put to a popular referendum.
There is no formal deadline to conclude talks. However, EU member states said in February the draft deal is a precondition to all future agreements on Swiss participation in the EU’s internal market. A survey carried out by research institute gfs.bern in March 2019 showed that 60% of Swiss citizens polled would back the framework agreement with the EU in a referendum. A May survey among Swiss companies showed that three quarters supported the deal.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Nestlé, Novartis at Risk of London Trading BanSwitzerland and the EU are at loggerheads over an overhaul of the complex ties that have guided the relationship for decades. The ability of some investors to trade blue-chip Swiss companies could be affected by the spat.
Leer más »
London stock exchange could delist Swiss companies like UBS amid EU standoffThe London stock exchange (LSE) has warned investors they could be forced to delist Swiss stocks from Monday due to a political standoff between Switzerland and the European Union (EU).
Leer más »
Boris Johnson warns MPs of 'mortal retribution' if they block a no-deal BrexitSpeaking to the BBC, Johnson insisted that Britain will leave the EU on October 31.
Leer más »
EU will let Italy increase deficit if it helps economy: deputy PMThe European Union will allow Italy to increase its deficit if it helped the cou...
Leer más »
Large carmakers including Volkswagen, FCA could face 2021 EU emissions fines: studyVolkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2...
Leer más »
EU court reaffirms their ruling that Amanda Knox's defense rights were violatedEuropean Court of Human Rights reaffirms that Amanda Knox's rights were violated, meaning the Italian state will have to pay Knox damages.
Leer más »