Switzerland has voted 50.3 percent in favor of limiting annual migration from the EU, thus ending the policy of free movement within the bloc that was established in 2002.
Swiss voters narrowly decided that immigration quotas would be reintroduced, thereby overturning the free movement policy introduced in the European Union 12 years ago. Early results showed the country to be very divided in opinion over the ‘Stop mass immigration’ initiative.
‘Stop mass immigration’ was introduced by the nationalist Swiss People’s Party (SVP). Its goal is to introduce annual quotas on the number of foreign workers entering the country. The result will likely vex multinational companies based there; Roche, Novartis, UBS, and other industry giants frequently utilize foreign labor.
Chosen excerpts by Job Market Monitor. Read the whole story at Tight Swiss ‘yes’ vote on EU immigration ends free movement within bloc — RT News.
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