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Swiss reject basic income, pay limit initiatives in plebiscite

  Bloomberg The Swiss probably rejected two popular initiatives that constituted the latest threat to the country’s business-friendly environment. Voters dismissed a measure that would have reduced the pay of Swisscom AG’s chief executive officer by three quarters and also shot down a proposal to establish a universal basic income, according to projections broadcast on Swiss television SRF on Sunday. ...

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Denmark scares off investors after energy agenda is jettisoned

  Bloomberg It was the first country ever to venture into offshore wind power. Now, Denmark is scaring off potential investors by abandoning some of the policies that once helped make it an international poster child for green energy. The center-right government of Lars Loekke Rasmussen wants to scrap an electricity tax that has helped subsidize wind turbines since 1998. ...

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Denmark should never consider following UK out of EU: PM

  Bloomberg Denmark will always belong inside the European Union no matter what the outcome of Britain’s June 23 referendum on its EU membership, Prime Minister Lars Loekke Rasmussen said. “I’m not blind to the fact that the EU makes mistakes,” Rasmussen said according to the text of a speech delivered on Sunday. “Decision making can be too slow and ...

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