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Switzerland and the EU are nearing a negotiation conclusion, focusing on the free movement of persons, an electricity agreement, and Switzerland's cohesion contribution. The EU is considering concessions on immigration, while Switzerland seeks a predictable annual payment of 300-400 million euros, compared to Norway's 450 million. Final decisions are expected in December, with parliamentary discussions anticipated to extend into 2028.
Switzerland's Foreign Minister Ignazio Cassis is set to meet EU Commission Vice-President Maros Sefcovic in Bern, marking a crucial phase in negotiations between Switzerland and the EU. The talks, initially scheduled for summer but postponed due to differing positions, will focus on the cohesion contribution Switzerland pays for partial access to the European single market.
Italy's Structural Budget Plan, replacing the NaDef, commits the country to a binding five-year public finance program with strict spending limits. Aimed at reducing the structural deficit by 0.55% of GDP annually in 2025 and 2026, the plan mandates that net primary expenditure grows by no more than 1.5% per year until 2031, reversing the post-Covid spending surge.
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Switzerland and EU Near Agreement on Market Access and Cohesion Contribution
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EU Commission
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CHE
Helene Budliger
Richard Szostak
Christine Schraner Burgener
Charlotte Walser
Patric Franzen
Maroš Šefčovič
Ursula von der Leyen
Ignazio Cassis
Viola Amherd
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05:41 27.11.2024
Switzerland and EU near conclusion of negotiations as key meeting approaches
13:52 22.11.2024
italy implements structural budget plan to ensure fiscal discipline and stability
09:00 04.10.2024
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