[lbo-talk] Switzerland and the EU
Dennis Redmond
dredmond at efn.org
Wed May 19 11:52:15 PDT 2004
Interesting article on Swiss-EU relations. Not only have the Swiss have
agreed to tax EU bank accounts, to avoid capital flight, in return for
free movement throughout the EU, Switzerland is also helping out the
cohesion funds:
BBC: "EU finally signs Swiss tax deal"
...In return, Switzerland will let in more workers from the 10 states
which became EU members on 1 May, and pay 200m Swiss francs (£88m; 130m
euros) a year into the EU's social cohesion funds, used to support the
economies of poorer areas.
http://news.bbc.co.uk/2/hi/business/3728907.stm
-- DRR
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