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UBS CEO Warns Swiss Population Cap Is An 'Extreme' Measure
UBS CEO Warns Swiss Population Cap Is An 'Extreme' Measure
A proposal headed for a June 14 vote in Switzerland made headlines for seeking to place a hard cap on the country's permanent resident population at 10 million through 2050.
The vote is also being watched as a referendum on immigration pressure in Europe more broadly. UBS CEO Sergio Ermotti has caught the vapors over the idea, describing it as an "extreme" measure that fails to address the country's underlying challenges.
UBS CEO Sergio Ermotti (photo: Chiara Zocchetti )
"I do worry about these...
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