Swiss-US accord over UBS becomes political football

8th June 2010, Comments 0 comments

Members of Switzerlands lower house of parliament from both ends of the political spectrum reject an accord between the US and Swiss governments over the release of details of UBS accounts held by Americans suspected of tax evasion. The Swiss Bankers Association accuses the parties of playing political games at the expense of the national interest, although it predicts politicians will eventually agree to the bilateral deal.

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