Swiss take their time on EU treaty despite Brussels deadline
ZURICH, Dec 7 (Reuters) - The Swiss government will seek
public consultations on a draft treaty setting out ties with the
European Union, it said, ignoring an ultimatum from
Switzerland's biggest trading partner to sign off by Friday or
The cabinet said in a statement ahead of a news conference
it simply "took note" of the daft pact, giving no opinion
whether it supported the accord that has been negotiated for
more than four years and that Brussels has sought for a decade.
EU sources have said Brussels will ban EU-based banks and
brokers from trading on Swiss stock exchanges beyond the end of
2018 as a punitive measure should Bern not clearly back the deal
by Friday. That would prompt Swiss retaliation.
(Reporting by Michael Shields; Editing by John Revill)
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