Swiss voters reject basic income, pay limit initiatives
These populist proposals are seen as latest threat to country's business-friendly environment
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Zurich
THE Swiss have rejected two populist initiatives that constituted the latest threat to the country's business-friendly environment.
Voters dismissed a measure that would have reduced the pay of Swisscom AG's chief executive officer by three quarters and also shot down a proposal to establish a universal basic income, according to projections broadcast on Swiss television SRF on Sunday.
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