Swiss need more time to clinch EU treaty - foreign minister


  • World
  • Wednesday, 19 Jun 2019

FILE PHOTO: Swiss Foreign Minister Ignazio Cassis addresses a news conference in Bern, Switzerland June 7, 2019. REUTERS/Arnd Wiegmann

ZURICH (Reuters) - Switzerland's political system of painstaking consensus-building requires more time to strike a deal with the European Union on a new treaty, Foreign Minister Ignazio Cassis said, suggesting no quick resolution to a potentially damaging log-jam.

A tit-for-tat battle over Swiss and EU stock exchanges' access to investors loomed this week after the Swiss government failed to meet a Brussels deadline to embrace the pact negotiated over more than four years.

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