Political parties in Switzerland supporting UBS AG plan

By IBTimes Staff Reporter | April 14 2010 5:49 AM

Out of the four biggest political parties in Switzerland, three of them are most likely supporting the plan of UBS AG which gives the government the majority in parliament. Swiss lawmakers are pressured from bankers which contribute to the 7.6% of the GDP, to support the government make a deal deciding with the U.S. over avoiding taxes from the normal bank traditions.

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