AGL 39.65 Decreased By ▼ -0.35 (-0.88%)
AIRLINK 129.79 Increased By ▲ 0.73 (0.57%)
BOP 6.79 Increased By ▲ 0.04 (0.59%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.50 Decreased By ▼ -0.05 (-0.58%)
DFML 41.15 Increased By ▲ 0.33 (0.81%)
DGKC 81.55 Increased By ▲ 0.59 (0.73%)
FCCL 32.85 Increased By ▲ 0.08 (0.24%)
FFBL 74.45 Increased By ▲ 0.02 (0.03%)
FFL 11.94 Increased By ▲ 0.20 (1.7%)
HUBC 109.82 Increased By ▲ 0.24 (0.22%)
HUMNL 14.30 Increased By ▲ 0.55 (4%)
KEL 5.26 Decreased By ▼ -0.05 (-0.94%)
KOSM 7.68 Decreased By ▼ -0.04 (-0.52%)
MLCF 38.41 Decreased By ▼ -0.19 (-0.49%)
NBP 65.69 Increased By ▲ 2.18 (3.43%)
OGDC 193.45 Decreased By ▼ -1.24 (-0.64%)
PAEL 25.78 Increased By ▲ 0.07 (0.27%)
PIBTL 7.38 Decreased By ▼ -0.01 (-0.14%)
PPL 154.10 Decreased By ▼ -1.35 (-0.87%)
PRL 25.55 Decreased By ▼ -0.24 (-0.93%)
PTC 17.60 Increased By ▲ 0.10 (0.57%)
SEARL 79.79 Increased By ▲ 1.14 (1.45%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.60 Decreased By ▼ -0.13 (-0.39%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.32 Increased By ▲ 0.05 (0.31%)
TRG 57.00 Decreased By ▼ -1.22 (-2.1%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.39 No Change ▼ 0.00 (0%)
BR100 10,605 Increased By 159.4 (1.53%)
BR30 31,180 Decreased By -9 (-0.03%)
KSE100 99,245 Increased By 1446.7 (1.48%)
KSE30 31,015 Increased By 534.3 (1.75%)

Swiss voters on Sunday narrowly approved a law giving one billion Swiss francs (630 million euros, 827 million dollars) in aid to new EU members in eastern Europe, according to final referendum results.
The proposal was approved by a margin of 53.2 percent of voters in Sunday's referendum.
It was supported by the government and a large majority of the non-EU country's political parties and economic organisations, but opposed by the popular right wing, represented by the populist Swiss People's Party (SVP).
"It's stupid for taxpayers to pay billions to eastern Europe," said Hans Fehr, head of an association defending Swiss neutrality and independence (AUNS) that traditionally opposes closer ties with the European Union, ahead of the vote.
"It will only fuel bureaucracy," said Fehr, who is also a parliamentarian for the SVP, the country's largest single political grouping and staunch opponent of closer ties with the European Union.
About half of the 10-year development package was due to go to Poland, ahead of Hungary and the Czech Republic.
The grant was due to be spent on chosen projects, ranging from fighting corruption, health care and cleaning up the environment, to promoting private enterprise including investment in small and medium sized companies.

Copyright Agence France-Presse, 2006

Comments

Comments are closed.