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Barroso holds Swiss to EU aid pledge

European Commission president Jose Manuel Barroso has warned Switzerland not to back down on its €640 million aid pledge to the ten newest EU member states.

He told Swiss radio that if a possible referendum were to turn down Switzerland's contribution to the EU's so-called cohesion fund, it would send a wrong signal to the new members, reports NZZ Online.

"It would be a bad sign for Europe and for the new member states," Mr Barroso said according to AFP news agency.

"The fa...

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Cancelling the €640 million promised for the ten newest EU member states would send the wrong signal, said commission president Jose Manuel Barroso (Photo: European Commission)

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