AIRLINK 191.54 Decreased By ▼ -21.28 (-10%)
BOP 10.23 Decreased By ▼ -0.02 (-0.2%)
CNERGY 6.69 Decreased By ▼ -0.31 (-4.43%)
FCCL 33.02 Decreased By ▼ -0.45 (-1.34%)
FFL 16.60 Decreased By ▼ -1.04 (-5.9%)
FLYNG 22.45 Increased By ▲ 0.63 (2.89%)
HUBC 126.60 Decreased By ▼ -2.51 (-1.94%)
HUMNL 13.83 Decreased By ▼ -0.03 (-0.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.35 Decreased By ▼ -0.58 (-8.37%)
MLCF 42.10 Decreased By ▼ -1.53 (-3.51%)
OGDC 213.01 Increased By ▲ 0.06 (0.03%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 40.30 Decreased By ▼ -0.87 (-2.11%)
PIAHCLA 16.85 Increased By ▲ 0.02 (0.12%)
PIBTL 8.25 Decreased By ▼ -0.38 (-4.4%)
POWER 8.85 Increased By ▲ 0.04 (0.45%)
PPL 182.89 Decreased By ▼ -0.14 (-0.08%)
PRL 38.10 Decreased By ▼ -1.53 (-3.86%)
PTC 23.90 Decreased By ▼ -0.83 (-3.36%)
SEARL 93.50 Decreased By ▼ -4.51 (-4.6%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.85 Decreased By ▼ -1.88 (-4.51%)
SYM 18.44 Decreased By ▼ -0.42 (-2.23%)
TELE 8.66 Decreased By ▼ -0.34 (-3.78%)
TPLP 12.05 Decreased By ▼ -0.35 (-2.82%)
TRG 64.50 Decreased By ▼ -1.18 (-1.8%)
WAVESAPP 10.50 Decreased By ▼ -0.48 (-4.37%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 3.96 Decreased By ▼ -0.07 (-1.74%)
BR100 11,697 Decreased By -168.8 (-1.42%)
BR30 35,252 Decreased By -445.3 (-1.25%)
KSE100 112,638 Decreased By -1510.2 (-1.32%)
KSE30 35,458 Decreased By -494 (-1.37%)

The Swiss on Sunday flatly rejected a call for dramatic immigration cuts in the name of saving the environment, amid charges the initiative was xenophobic and a threat to Switzerland's economy. Final results showed 74.1 percent of Swiss voters spurned the so-called Ecopop initiative, which called for slashing immigration to reduce population growth and urban pressure on the Alpine nation's idyllic landscape.
The Swiss also resoundingly rebuffed bids to scrap special tax breaks for rich foreigners living but not working in the country and to significantly hike the country's gold reserves.
Just under half of eligible Swiss voters cast their ballots in Sunday's vote, which is average in the country where the people are called to the polls every three months to voice their opinions on a seemingly endless range of issues as part of the country's famous direct democratic system.
Although opinion polls had hinted the Swiss would vote "no" across the board, supporters of the Ecopop initiative had voiced hope silent support from the masses would lead to a surprise win.
That happened less than a year ago, when voters in February caught many off guard by narrowly voting to impose quotas for immigration from the European Union, throwing non-member Switzerland's relations with the bloc into turmoil.
The country has been scrambling ever since to figure out how to implement that result without pushing the EU, its main trading partner, to rip up a long list of bilateral agreements.
The government, all political parties, industry, employers and unions had urged voters to reject Ecopop, amid warnings its acceptance would fan the flames of the controversy with Europe. Opponents had also slammed Ecopop as "absurd" and a threat to Switzerland's economy which depends heavily on immigrant labour. "The verdict is clear," insisted Swiss Justice Minister Simonetta Sommaruga, who will take over the country's rotating presidency on Wednesday.
But she stressed Sunday's results did not bring into question February's EU immigration quota decision. Foreign nationals already make up nearly a quarter of Switzerland's eight million inhabitants, official statistics show. According to Ecopop, immigration is adding 1.1-1.4 percent annually to the Swiss population, putting the country on track to have a population of 12 million by 2050.
The campaign wanted to cap immigration's contribution to population growth at 0.2 percent, which would mean a population of 8.5 million by the middle of the century. "What I'm worried about is a civilisation collapse," Philippe Roch of the Ecopop committee told RTS after the results became clear. "But clearly this text did not convince voters," he acknowledged. As it became clear that voters had massively rejected the initiative, sarcastic tweets flourished carrying the hashtag Ecoflop.
In all, 59.2 percent of voters also rejected the bid to scrap tax breaks for rich foreigners living but not working in Switzerland, who today can choose to be levied on their spending rather than income.

Copyright Agence France-Presse, 2014

Comments

Comments are closed.