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On @euronews today commenting on major crisis in #EU - #Swiss relations.

Interview by great @Brusselsness

👇 🧵on why this breakdown & what next, in 8 points
1/ This is obviously sovereignty vs economy all over again.
 
Swiss focus on freedom of movement, “benefit tourism”, pressure on wages & “foreign judges”
 
I think🇨🇭have bad case- EU has been accommodating & numbers don’t add up to problems they pretend. But again, it’s politics.
2/ For 🇪🇺, final sign🇨🇭gov not ready for fair single market settlement w/ EU.
 
Benefits more than anyone, gives little in return. Single market adds €2900 to every Swiss/year, costs €14
 
Biggest problem lack uniform application of rules (incl. state aid) for single market LPF
Read 9 tweets
This morning @EUCouncil agree on historic 3y spending to kickstart the economy (750Bn€, w/ 390Bn grants & 360Bn loans) + 7y #EUbudget to invest in the long term (1.074Bn€). Before @Europarl_EN decides on this deal, let's see what’s in it: the good, the bad and the ugly. #Thread
Good n°1: Good news: there is a deal, and we are in July. I personally did not expect them to find an agreement before the fall, so having a deal in mid-July is already a positive piece of news in itself.
Good n°2: The overall architecture has not changed. Yes, less money will be invested than what was originally proposed (more👇), but we still get a reasonably sized budget (1.074bn€ over next 7y) + significant input of fresh money (390Bn€ in grants) that is good for #recovery
Read 15 tweets

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