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Referendum of Sovereign Money in Switzerland

Referendum of Sovereign Money in Switzerland

On 10th June 2018 Switzerland will be the first country in the world to have a national referendum on the introduction of Sovereign Money. The sovereing money is a reform to the banking system that would remove the ability of banks to create money, in the form of bank deposits, when they make loans. It would transfer the ability to create new money exclusively to the state, creating what we have termed a ‘sovereign money’ system. Sovereign money is issued…

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Simplified Naturalisation of Third-Generation Immigrants

Simplified Naturalisation of Third-Generation Immigrants

On 12 February 2017, the Swiss electorate will vote on the Federal Decree on the Simplified Naturalisation of Third-Generation Immigrants. There is a significant number of young foreigners living in Switzerland whose grandparents emigrated to Switzerland and whose parents grew up here. These young people were born in Switzerland and went to school here. Switzerland is their homeland but they don’t have the swiss nationality. Around 440,000 foreigners living in Switzerland are second or third-generation immigrants. They constitute 6% of…

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