Reuters logo
Swiss draft plan to contribute extra 1.3 bln Sfr to EU budget
November 23, 2017 / 10:41 AM / in 20 days

Swiss draft plan to contribute extra 1.3 bln Sfr to EU budget

ZURICH, Nov 23 (Reuters) - The Swiss government is drafting a plan to extend voluntary payments to the European Union budget, it said on Thursday, sending a conciliatory signal to Brussels during a visit by European Commission President Jean-Claude Juncker.

Neutral Switzerland has made “cohesion payments” worth 1.3 billion Swiss francs ($1.33 billion) since 2008 to reduce economic and social disparities in the bloc that is its main trading partner. It is now drafting a plan by the end of February to make another 1.3 billion in payments over 10 years, it said in a statement. ($1 = 0.9803 Swiss francs) (Reporting by Michael Shields)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below