Switzerland in the EU,

With European harmony seemingly in tatters the Swiss added their own fuel to fire recently.

Swiss State Secretary Michael Ambuhl expressed scepticism about future EU membership for Switzerland. Not that we knew it was even be considered.

Resentment of the way pressure was brought to bare on the Swiss financial centre might be partly behind it. The other factor is the reluctance to join as struggling dinosaur.

However Ambuhl explained further, that there will be in the coming weeks and months new developments on several fronts. I recommend to never fight on two fronts but is he listening?

By the end of August a group of experts shall submit proposals to the Federal Council, to handle the banks "Too big to fail" - problem. The aim is to prevent a second "UBS".

Ambühl thinks the Bilateral way offers more options for the Swiss. He believes that Switzerland was currently on the bilateral way more design options. He made no hint of any possible ramifications upon Switzerland jobs or new Swiss jobs.