Switzerland's Job Boom Complicates EU Trade Negotiations

Reported about 3 hours ago

Switzerland faces challenges in managing immigration from the EU amid a job boom fueled by its low-tax model, causing political tensions. The issue previously stalled trade negotiations worth around 300 billion Swiss francs and risks doing so again as Swiss nationalists push for limits on immigration. The government aims to establish a 'protection clause' for immigration in the trade deal, concerned that rapid population growth may strain infrastructure. Swiss firms, reliant on EU labor, worry that restricting hiring could prompt them to relocate or expand internationally.

Source: YAHOO

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