“The vote invalidates the Swiss-EU agreement on freedom of movement. German Finance Minister Wolfgang Schaeuble said the vote would cause ‘a host of difficulties for Switzerland’. France’s Foreign Minister Laurent Fabius said ‘it will hurt Switzerland to be inward-looking’. In a statement, the European Commission said the Swiss vote ‘goes against the principle of free movement of persons between the EU and Switzerland. The EU will examine the implications of this initiative on EU-Swiss relations as a whole.’ Mr Fabius told French radio it was bad news ‘both for Europe and the Swiss’. Europe ‘was going to review its relations’ with Switzerland, he added.”
http://www.bbc.co.uk/news/world-europe-26116648
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