Local Editor

Switzerland has voted 50.3 percent in favor of limiting annual migration from the EU, thus ending the policy of free movement within the bloc that was established in 2002.

Swiss voters narrowly decided that immigration quotas would be reintroduced, thereby overturning the free movement policy introduced in the European Union 12 years ago. Early results showed the country to be very divided in opinion over the 'Stop mass immigration' initiative.

‘Stop mass immigration' was introduced by the nationalist Swiss People's Party. Its goal is to introduce annual quotas on the number of foreign workers entering the country. The result will likely vex multinational companies based there; Roche, Novartis, UBS, and other industry giants frequently utilize foreign labor.

Before Sunday's results were fully confirmed, it appeared that Swiss voters were completely divided over the issue, with early projections gauged from partial results and estimates showing a 50-50 split. Ten out of 26 cantons - state districts - and half-cantons had voted in favor of the initiative.
Many in Switzerland - which is surrounded by the EU but is not a member - believe that rising immigration levels are putting pressure on infrastructure, rent prices, the social security system, and unemployment rates.

The SVP party has been campaigning for the amendment, saying that immigrants are destroying the nation's Alpine identity and taking away skilled jobs.
"Many people feel this is challenging their identity, even if there isn't any concrete economic impact on a personal level," Georg Lutz, professor of political science at the University of Lausanne Georg, told Reuters.
According to the latest data, 23 percent of the country's eight million inhabitants are foreigners - the second largest proportion in Europe after Luxembourg.
Many fear the initiative would have a negative impact on the economy, which relies on foreign workers for progress and a competitive edge.

Italians and Germans reportedly comprise the largest contingent of immigrants to Switzerland, most of whom seek work in IT, healthcare, and financial sectors.
The constitutional amendment could potentially erode Switzerland's relationship with the EU, which views the freedom of movement policy as a fundamental right.

Marine Le Pen, head of France's far-right party, French National, tweeted her support for the outcome. "Switzerland says no to immigration of the masses, bravo! The European Union will be sending the tanks?..."

Source: News Agencies, Edited by website team