Swiss Senate rejects special fund for army and Ukraine
The fund was intended to cover the army's additional financial requirements between 2025 and 2030 with CHF10.1 billion ($11.3 billion).
Keystone / Anthony Anex
There will be no CHF15 billion ($17 billion) special fund for the army and reconstruction in Ukraine. The Senate has clearly rejected a motion by its security policy committee.
This content was published on
1 minute
Keystone-SDA
Deutsch
de
Ständerat lehnt Spezialfonds für Armee und Ukraine ab
Original
The security policy committee of the Senate had proposed the special legal fund in a motion. The Senate voted against it on Monday by 28 votes to 15, with two abstentions. The motion is therefore off the table.
The fund was intended to cover the army’s additional financial requirements between 2025 and 2030 with CHF10.1 billion. CHF5 billion should have been used for reconstruction aid in Ukraine. The no vote comes as no surprise, as the idea had been criticized from several sides in recent weeks.
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Foreign affairs
Why Swiss trams have become sought-after vehicles in Ukraine
Five people charged in connection with deadly Swiss rockslide
This content was published on
Five people have been charged with multiple negligent homicide in connection with the deadly Bondo rockslide that occurred seven years ago.
Mountaineer dies after 100-metre fall from Matterhorn
This content was published on
A women fell down the east face of the iconic mountain on Thursday, from an altitude of some 3,460 meters above sea level.
Swiss court ruling: only mothers have legal say in abortion cases
This content was published on
Switzerland’s highest court has ruled against a man who had sued his ex-partner for terminating pregnancy at an advanced stage.
Shooter and mountain-biker to carry Swiss flag at Olympics opening
This content was published on
Sports shooter Nina Christen and mountain-biker Nino Schurter will be the Swiss delegation’s flag-bearers at the opening ceremony of the Paris Game on Friday.
UBS questioned by US Senator over $350 million tax evasion case
This content was published on
UBS has been asked by a powerful US lawmaker about whether Credit Suisse failed to report an American accused of evading taxes on $350 million in income.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.