Signal to Brussels: Parliament releases cohesion billion to EU

The Council of States debated the bill for two hours in the morning. The National Council argued for an hour and a half that evening. In the end, the verdict was clear: With 131 votes to 55 (National Council) and 30 to 9 votes (Council of States), the two chambers of parliament approved the release of the cohesion billion on the penultimate day of the session. The Federal Council can now act accordingly.

The councils had already approved the second Swiss contribution to the eastern EU member states in the amount of 1.3 billion francs in 2019. However, the parliament decided that the money should only be spoken if the EU does not adopt any discriminatory measures against Switzerland. This referred in particular to the recognition of the stock exchange equivalence that was not extended by the EU at the end of June 2019. The EU has not taken a step towards Switzerland since then.

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