Brussels in a panic – Swiss throw in the towel and have walked away from the negotiations with the EU.

The Swiss have thrown in the towel on negotiations with the EU after substantial differences emerge between the two sides. A statement from the Swiss government said – “At its meeting on 26 May, the Federal Council undertook an overall evaluation of the outcome of the negotiations on the institutional framework agreement (InstA). It concluded that there remain substantial differences between Switzerland and the EU on key aspects of the agreement.”

The conditions are thus not met for the signing of the agreement. The Federal Council today took the decision not to sign the agreement, and communicated this decision to the EU. This brings the negotiations on the draft of the InstA to a close.”

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