Switzerland votes amid immigrant, EU debt fears
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Switzerland votes amid immigrant, EU debt fears

Last Updated: Sunday, October 23, 2011, 22:10
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Switzerland votes amid immigrant, EU debt fears Geneva: Switzerland voted on Sunday for a new parliament, with the already dominant far-right SVP hoping to benefit from fears over the eurozone debt crisis as well as its anti-immigration platform.

In all, 246 seats are up for election, including 200 for the lower chamber and the remaining for the upper chamber.

Polls closed at noon after voting began in some parts of the country yesterday.

Analysts do not expect the polls to lead to a major shift in the parliamentary balance, but they believe that a key issue will be whether the SVP manages to improve on its 2007 score of 28.8 per cent.

Although it is the largest party in parliament, the SVP has been locked out of power by rivals fiercely opposed to its political platform.

"An important issue at stake is whether the SVP will manage to maintain its 2007 score or improve it," said Pascal Sciarini, a political analyst.

"It's a very important point because it would mark the first time that a party has surpassed the 30 per cent mark in Switzerland, which has not been the case since 1919," he added.

With an unemployment rate of just 2.8 per cent and healthy public finances and output figures, the alpine state is an island of prosperity in Europe.

While Swiss economic indicators look solid, the country's export-led industry has seen its earnings sharply reduced in recent quarters as the franc strengthened dramatically against the euro and US dollar.

The Swiss National Bank has since fixed a floor of 1.20 francs against the euro, but exporters are calling for more action. As earnings come under pressure, some companies have instituted regimes such as longer working hours for less pay, or even cut jobs, all of which have contributed to the atmosphere of uncertainty.

With the uncertain climate, the SVP has sought to win votes through aggressive campaign claiming that the "mass immigration" of foreigners was taking away Swiss jobs, or that they were here to claim social benefits.

Unlike the 2007 elections, however, this year's polls have been without much controversy.

During the previous polls, the SVP sparked an outcry with its posters of three white sheep kicking a black sheep off the Swiss flag led the UN anti-racism expert to call for the withdrawal of the posters.

This year, it has opted for an image of a crowd marching across the Swiss flag, with the slogan: "That's enough. Stop mass immigration."

PTI

First Published: Sunday, October 23, 2011, 15:52

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