Swiss Voters Reject EUR 3300 Minimum Wage
Switzerland has rejected the proposal to introduce a minimum wage of EUR 18 per hour, the world's highest minimum wage, according to preliminary results of Sunday's referendum.
Supporters of the measure, including trade unions and left-wing parties, stressed the high living costs, while opponents argued that it would increase production costs and unemployment levels.
The minimum wage initiative was the most prominent of several referendums held on Sunday morning in Switzerland, the other questions concerning a plan to purchase Swedish-made Gripen fighter jets for the Swiss Air Force and a proposal to introduce a lifelong ban against convicted paedophiles working with children, according to the BBC News.
No preliminary results are available on the other questions.
- » US Calls for Greek Reforms as Athens Nears Energy Deal with Russia
- » Over 10,000 African Migrants Fled to Italy This Week
- » Kosovo FM to Attend Belgrade Conference, Risks Being Arrested
- » Julian Assange to Be Interrogated by Swedish Prosecutors in London
- » UN Calls for Immediate Ceasefire in Yemen as Special Adviser Resigns
- » Another Ukrainian Journalist Found Dead, Murder Suspected