116-725: The Zürich Gold Pool was founded in 1968 by the largest banks in Switzerland . The establishment was triggered by the temporary closing of the London bullion market which marked the collapse of the London Gold Pool , a system of maintaining the Bretton Woods System of fixed-rate convertible currencies and defending a gold price of US$ 35 per troy ounce by interventions in the London market. The consequences of
232-561: A Willensnation ("nation of volition") rather than a nation state . The English name Switzerland is a portmanteau of Switzer , an obsolete term for a Swiss person which was in use during the 16th to 19th centuries, and land . The English adjective Swiss is a loanword from French Suisse , also in use since the 16th century. The name Switzer is from the Alemannic Schwiizer , in origin an inhabitant of Schwyz and its associated territory , one of
348-700: A Separation Agreement with the UK on 28 January 2020, which is understood to mirror the EEA-relevant parts of the EU-UK Withdrawal Agreement. The withdrawal agreement stipulated a transition period , following the UK's formal withdrawal on 31 January 2020 and ending 31 December 2020, during which both the United Kingdom and the other EEA members remained bound by the existing obligations stemming from international agreements concluded by
464-621: A landlocked country located in west-central Europe . It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau , the Alps and the Jura ; the Alps occupy the greater part of the territory, whereas most of the country's population of 9 million are concentrated on
580-681: A lower house (the National Council , with representatives elected from across the country). Referendums were made mandatory for any amendments. This new constitution ended the legal power of nobility in Switzerland . A single system of weights and measures was introduced, and in 1850 the Swiss franc became the Swiss single currency , complemented by the WIR franc in 1934. Article 11 of
696-667: A sovereign state , and according to a report prepared for the Faroes Ministry of Foreign Affairs "under its constitutional status the Faroes cannot become an independent Contracting Party to the EEA Agreement due to the fact that the Faroes are not a state". However, the report went on to suggest that it is possible that the "Kingdom of Denmark in respect of the Faroes" could join the EFTA. The Danish Government has stated that
812-517: A change of policy following threats from Germany. Over 100 Allied bombers and their crews were interned. Between 1940 and 1945, Switzerland was bombed by the Allies , causing fatalities and property damage. Among the cities and towns bombed were Basel , Brusio , Chiasso , Cornol , Geneva, Koblenz , Niederweningen , Rafz , Renens , Samedan , Schaffhausen , Stein am Rhein , Tägerwilen , Thayngen , Vals , and Zurich. Allied forces maintained that
928-654: A counterpart, these countries have to adopt part of the Law of the European Union . However they also contribute to and influence the formation of new EEA relevant policies and legislation at an early stage as part of a formal decision-shaping process. Agriculture and fisheries are not covered by the EEA. Not being bound by the Common Fisheries Policy is perceived as very important by Norway and Iceland, and
1044-598: A customs union. Schengen is not a part of the EEA Agreement. However, all of the four EFTA States participate in Schengen and Dublin through bilateral agreements. They all apply the provisions of the relevant Acquis. The EEA Agreement is a commercial treaty and differs from the EU Treaties in certain key respects. According to Article 1 its purpose is to "promote a continuous and balanced strengthening of trade and economic relation". The EFTA members do not participate in
1160-523: A dominance in gold bullion trading by offering specialized account and banking services based on the country's confidentiality laws for banking. By the 1970s Zürich was established as the major trading location for gold, trading some 70% of the worlds total production of gold. Switzerland in Europe (green and dark grey) Switzerland , officially the Swiss Confederation , is
1276-561: A major reason not to join the EU. The Common Fisheries Policy would mean giving away fishing quotas in their waters. The EEA countries that are not part of the EU do not contribute financially to Union objectives to the same extent as do its members, although they contribute to the EEA Grants scheme to "reduce social and economic disparities in the EEA". Additionally, some choose to take part in EU programmes such as Trans-European Networks and
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#17327830116821392-537: A more feasible mechanism to integrate the microstates into the internal market. The United Kingdom, in a 2016 referendum , voted to withdraw from the European Union . Staying in the EEA, possibly eventually as an EFTA member, was an option suggested by the then Environment Secretary , Michael Gove . A 2013 research paper presented to the Parliament of the United Kingdom proposed a number of alternatives to EU membership which would continue to allow it access to
1508-690: A remarkable size, while hundreds of agricultural estates ( Villae rusticae ) were established in the countryside. Around 260 AD, the fall of the Agri Decumates territory north of the Rhine transformed today's Switzerland into a frontier land of the Empire. Repeated raids by the Alamanni tribes provoked the ruin of the Roman towns and economy, forcing the population to shelter near Roman fortresses, like
1624-536: A sign of support. In September 2020, a referendum calling for a vote to end the pact that allowed a free movement of people from the European Union was introduced by the Swiss People's Party (SVP). However, voters rejected the attempt to retake control of immigration, defeating the motion by a roughly 63%–37% margin. On 9 February 2014, 50.3% of Swiss voters approved a ballot initiative launched by
1740-405: A significant impact on the psychology and society of Switzerland. The war convinced most Swiss of the need for unity and strength. Swiss from all strata of society, whether Catholic or Protestant, from the liberal or conservative current, realised that the cantons would profit more from merging their economic and religious interests. Thus, while the rest of Europe saw revolutionary uprisings ,
1856-556: A whole rather than being modified one amendment at a time. This need soon proved itself when the rise in population and the Industrial Revolution that followed led to calls to modify the constitution accordingly. The population rejected an early draft in 1872, but modifications led to its acceptance in 1874. It introduced the facultative referendum for laws at the federal level. It also established federal responsibility for defence, trade, and legal matters. In 1891,
1972-648: Is considered a potential candidate by the European Union. In mid-2005, representatives of the Faroe Islands hinted at the possibility of their territory joining the EFTA. However, the ability of the Faroes to join is uncertain because, according to Article 56 of the EFTA Convention, only states may become members of the Association. The Faroes, which form part of the Danish Realm , is not
2088-468: Is considered the confederacy's founding document, even though similar alliances likely existed decades earlier. The document was agreed among the rural communes of Uri , Schwyz , and Unterwalden . By 1353, the three original cantons had joined with the cantons of Glarus and Zug and the Lucerne , Zurich and Bern city-states to form the "Old Confederacy" of eight states that obtained through
2204-409: Is one of the world's most developed countries having the highest nominal wealth per adult , and the eighth-highest gross domestic product (GDP) per capita . Switzerland performs highly on several international metrics , including economic competitiveness and democratic governance . Cities such as Zurich, Geneva and Basel rank among the highest in terms of quality of life, albeit with some of
2320-808: Is open to member states either of the EU or of the EFTA. EFTA states that are party to the EEA Agreement participate in the EU's internal market without being members of the EU or the European Union Customs Union . They adopt most EU legislation concerning the single market, with notable exclusions including laws regarding the Common Agricultural Policy and Common Fisheries Policy. The EEA's "decision-shaping" processes enable EEA EFTA member states to influence and contribute to new EEA policy and legislation from an early stage. Third country goods are excluded for these states on rules of origin. When entering into force in 1994,
2436-659: Is the highest, although the Matterhorn (4,478 m or 14,692 ft) is the best known. Both are located within the Pennine Alps in the canton of Valais , on the border with Italy. The section of the Bernese Alps above the deep glacial Lauterbrunnen valley, containing 72 waterfalls, is well known for the Jungfrau (4,158 m or 13,642 ft) Eiger and Mönch peaks, and its many picturesque valleys. In
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#17327830116822552-701: The Waldstätte cantons which formed the nucleus of the Old Swiss Confederacy . The Swiss began to adopt the name for themselves after the Swabian War of 1499, used alongside the term for "Confederates", Eidgenossen (literally: comrades by oath ), used since the 14th century. The data code for Switzerland , CH, is derived from Latin Confoederatio Helvetica ( Helvetic Confederation ). The toponym Schwyz itself
2668-492: The 2013 enlargement of the EU , which saw Croatia acceding to the EU on 1 July 2013, an EEA Enlargement Agreement was not signed. Croatia signed its Treaty of Accession to the EU on 9 December 2011 and subsequently lodged their application to the EEA on 13 September 2012. Negotiations started on 15 March 2013 in Brussels, with the aim of achieving simultaneous accession to both the EU and the EEA on 1 July 2013. However, this
2784-542: The Axis and Allied powers. Switzerland's trade was blockaded by both the Allies and the Axis. Economic cooperation and extension of credit to Nazi Germany varied according to the perceived likelihood of invasion and the availability of other trading partners. Concessions reached a peak after a crucial rail link through Vichy France was severed in 1942, leaving Switzerland (together with Liechtenstein ) entirely isolated from
2900-628: The Castrum Rauracense near Augusta Raurica. The Empire built another line of defence at the north border (the so-called Donau-Iller-Rhine-Limes). At the end of the fourth century, the increased Germanic pressure forced the Romans to abandon the linear defence concept. The Swiss Plateau was finally open to Germanic tribes . In the Early Middle Ages , from the end of the fourth century, the western extent of modern-day Switzerland
3016-598: The Common Agricultural Policy or the Common Fisheries Policy . The right to free movement of persons between EEA member states and the relevant provisions on safeguard measures are identical to those applying between members of the EU. The right and rules applicable in all EEA member states, including those which are not members of the EU, are specified in Directive 2004/38/EC and in the EEA Agreement. The EEA Agreement specifies that membership
3132-558: The Congress of Vienna fully re-established Swiss independence, and the European powers recognised permanent Swiss neutrality. Swiss troops served foreign governments until 1860 when they fought in the siege of Gaeta . The treaty allowed Switzerland to increase its territory, with the admission of the cantons of Valais , Neuchâtel and Geneva . Switzerland's borders saw only minor adjustments thereafter. The restoration of power to
3248-871: The Council of the European Union (Opinion 1/91) that they considered that giving the EEA court jurisdiction with respect to EU law that would be part of the EEA law, would be a violation of the treaties, and therefore the current arrangement was developed instead. After having negotiated the Surveillance Authority, the ECJ confirmed its legality in Opinion 1/92. The EFTA Secretariat is headquartered in Geneva , Switzerland. The EFTA Surveillance Authority has its headquarters in Brussels , Belgium (the same location as
3364-716: The European Regional Development Fund . Norway also has its own Norway Grants scheme. After the EU/EEA enlargement of 2004, there was a tenfold increase in the financial contribution of the EEA States, in particular Norway , to social and economic cohesion in the Internal Market (€1167 million over five years). The non-EU members of the EEA (Iceland, Liechtenstein and Norway) have agreed to enact legislation similar to that passed in
3480-492: The European single market , including the freedom to choose residence in any country within this area. The EEA was established on 1 January 1994 upon entry into force of the EEA Agreement. The contracting parties are the EU, its member states, and Iceland, Liechtenstein, and Norway. New members of EFTA would not automatically become party to the EEA Agreement, as each EFTA State decides on its own whether it applies to be party to
3596-677: The First War of Villmergen , in 1656, and the Toggenburg War (or Second War of Villmergen), in 1712. In 1798, the revolutionary French government invaded Switzerland and imposed a new unified constitution. This centralised the government of the country, effectively abolishing the cantons: moreover, Mülhausen left Switzerland and the Valtellina valley became part of the Cisalpine Republic . The new regime, known as
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3712-577: The Hallstatt and La Tène cultures , named after the archaeological site of La Tène on the north side of Lake Neuchâtel . La Tène culture developed and flourished during the late Iron Age from around 450 BC, possibly influenced by Greek and Etruscan civilisations. One of the most prominent La Tène tribes were the Helvetii , who primarily occupied the Swiss Plateau , alongside the Rhaetians in
3828-615: The Holy Roman Empire around 1000 AD. In the 10th century, as the rule of the Carolingians waned, Magyars destroyed Basel in 917 and St. Gallen in 926. In response, Henry the Fowler , the then ruler of East Francia, decreed the fortification of key settlements to defend against these invasions. Large villages and towns, including strategic locations like Zurich and St.Gallen, were fortified. This initiative led to
3944-541: The League of Nations , which was based in Geneva , after it was exempted from military requirements. During World War II , detailed invasion plans were drawn up by the Germans, but Switzerland was never attacked. Switzerland was able to remain independent through a combination of military deterrence, concessions to Germany, and good fortune, as larger events during the war intervened. General Henri Guisan , appointed
4060-526: The Swiss Alps to the south, the Swiss Plateau or Central Plateau, and the Jura mountains on the west. The Alps are a mountain range running across the central and south of the country, constituting about 60% of the country's area. The majority of the population live on the Swiss Plateau. The Swiss Alps host many glaciers, covering 1,063 square kilometres (410 sq mi). From these originate
4176-613: The Swiss economy . During the Cold War , Swiss authorities considered the construction of a Swiss nuclear bomb . Leading nuclear physicists at the Federal Institute of Technology Zurich such as Paul Scherrer made this a realistic possibility. In 1988, the Paul Scherrer Institute was founded in his name to explore the therapeutic uses of neutron scattering technologies. Financial problems with
4292-943: The WTO , the WHO , the ILO , FIFA , the WEF , and the UN. It is a founding member of the European Free Trade Association (EFTA), but not part of the European Union (EU), the European Economic Area , or the eurozone ; however, it participates in the European single market and the Schengen Area . Switzerland is a federal republic composed of 26 cantons , with federal authorities based in Bern . Switzerland
4408-405: The commander-in-chief for the duration of the war ordered a general mobilisation of the armed forces. The Swiss military strategy changed from static defence at the borders to organised long-term attrition and withdrawal to strong, well-stockpiled positions high in the Alps, known as the Reduit . Switzerland was an important base for espionage by both sides and often mediated communications between
4524-428: The internal market because their requirements differed from those of larger countries such as Norway, and suggested that a simplified association would be better suited for them. Espen Barth Eide , Støre's successor, responded to the commission's report in late 2012 by questioning whether the microstates have sufficient administrative capabilities to meet the obligations of EEA membership. However, he stated that Norway
4640-428: The Bold of Burgundy during the 1470s, and the success of the Swiss mercenaries . The Swiss victory in the Swabian War against the Swabian League of Emperor Maximilian I in 1499 amounted to de facto independence within the Holy Roman Empire . In 1501, Basel and Schaffhausen joined the Old Swiss Confederacy. The Confederacy acquired a reputation of invincibility during these earlier wars, but expansion of
4756-411: The EEA Agreement or not. According to Article 128 of the EEA Agreement, "any European State becoming a member of the Community shall, and the Swiss Confederation or any European State becoming a member of EFTA may, apply to become a party to this Agreement. It shall address its application to the EEA Council." EFTA does not envisage political integration. It does not issue legislation, nor does it establish
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4872-493: The EEA Enlargement Agreement was applied on a provisional basis to the 10 acceding countries as from the date of their accession in May 2004 to the EU. On the other hand, following the 2007 enlargement of the EU , which saw Bulgaria and Romania acceding to the EU on 1 January 2007, an EEA Enlargement Agreement was not signed until 25 July 2007 and only provisionally entered into force on 1 August 2007. The agreement did not fully enter into force until 9 November 2011. Prior to
4988-423: The EEA countries. Thus, the EEA countries that are not part of the EU enjoy free trade with the European Union. Also, the 'free movement of persons is one of the core rights guaranteed in the European Economic Area (EEA) [...]. It is perhaps the most important right for individuals, as it gives citizens of the 30 EEA countries the opportunity to live, work, establish business and study in any of these countries'. As
5104-400: The EEA lacked the EFTA Court or the EFTA Surveillance Authority, as the "EEA court" (which would be composed of five European Court of Justice members and three members from EFTA countries and which would be functionally integrated with the ECJ) and the European Commission were to exercise those roles. However, during the negotiations for the EEA agreement, the European Court of Justice informed
5220-586: The EEA parties were 17 states and two European Communities : the European Community , which was later absorbed into the EU's wider framework, and the now defunct European Coal and Steel Community . Membership has grown to 30 states as of 2020: 27 EU member states , as well as three of the four member states of the EFTA (Iceland, Liechtenstein and Norway). The Agreement is applied provisionally with respect to Croatia —the remaining and most recent EU member state—pending ratification of its accession by all EEA parties. One EFTA member, Switzerland, has not joined
5336-402: The EEA, but has a set of bilateral sectoral agreements with the EU which allow it to participate in the internal market. In the late 1980s, the EFTA member states, led by Sweden, began looking at options to join the then-existing European Economic Community (EEC), the precursor of the European Union (EU). The reasons identified for this are manifold. Many authors cite the economic downturn at
5452-416: The EEC less politically controversial for neutral countries. Meanwhile, Jacques Delors , who was President of the European Commission at the time, did not like the idea of the EEC enlarging with more member states, as he feared that it would impede the ability of the Community to complete internal market reform and establish monetary union. He proposed a European Economic Space (EES) in January 1989, which
5568-511: The EFTA countries to ensure the EEA Agreement is being followed. The EFTA Court performs a similar role to the European Court of Justice 's in that it resolves disputes under the EEA Agreement. While the ECJ and European Commission are respectively responsible for the interpretation and application of the EEA Agreement in the EU (between EU member states and within EU member states), and the EFTA Court and EFTA Surveillance Authority are likewise respectively responsible for interpreting and monitoring
5684-413: The EFTA states within the EEA must implement it in their national law. The EEA Joint Committee consists of the EEA-EFTA States plus the European Commission (representing the EU) and has the function of amending the EEA Agreement to include relevant EU legislation. An EEA Council meets twice yearly to govern the overall relationship between the EEA members. Rather than setting up pan-EEA institutions,
5800-422: The EFTA—Austria, Finland and Sweden—acceded to the European Union, which had superseded the European Community upon the entry into force of the Maastricht Treaty on 1 November 1993. Liechtenstein's participation in the EEA was delayed until 1 May 1995. Any European State becoming a member of the EU shall, or becoming a member of EFTA may, apply to become a Party to the EEA agreement according to article 128 of
5916-495: The EU in the areas of social policy , consumer protection , environment , company law and statistics. These are some of the areas covered by the former European Community (the "first pillar" of the European Union). The non-EU members of the EEA are not represented in Institutions of the European Union such as the European Parliament or European Commission. This situation has been described as "fax democracy", with Norway waiting for their latest legislation to be faxed from
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#17327830116826032-560: The EU was attained that eliminated quotas on EU citizens, but still allowed favourable treatment of Swiss-based job applicants. On 27 September 2020, 62% of Swiss voters rejected the anti-free movement referendum by SVP. Extending across the north and south side of the Alps in west -central Europe, Switzerland encompasses diverse landscapes and climates across its 41,285 square kilometres (15,940 sq mi). Switzerland lies between latitudes 45° and 48° N , and longitudes 5° and 11° E . It contains three basic topographical areas:
6148-475: The EU's internal market , including continued EEA membership as an EFTA member state, or the Swiss model of a number of bilateral treaties covering the provisions of the single market. The United Kingdom was a co-founder of EFTA in 1960, but ceased to be a member upon joining the European Community. In the first meeting since the Brexit vote, EFTA reacted by saying both that it was open to a United Kingdom return and that it had many issues to work through although
6264-451: The EU, including the EEA Agreement. In January and February 2020, the government of the United Kingdom ruled out a future alignment to the rules of the internal market, effectively ruling out EEA membership after the end of the transition period on 31 December 2020. The EEA relies on the same "four freedoms" underpinning the European single market as does the European Union: the free movement of goods, persons, services, and capital among
6380-436: The EU. Unlike Liechtenstein, which is a member of the EEA via the EFTA and the Schengen Agreement, relations with these three states are based on a collection of agreements covering specific issues. The report examined four alternatives to the current situation: 1) a Sectoral Approach with separate agreements with each state covering an entire policy area, 2) a comprehensive, multilateral Framework Association Agreement (FAA) with
6496-431: The European Union. There are nine recognised candidates for membership of the European Union : Turkey (since 1999), North Macedonia (2005), Montenegro (2010), Serbia (2012), Albania (2014), Moldova (2022), Ukraine (2022), Bosnia and Herzegovina (2022) and Georgia (2023). Kosovo (whose independence is not recognised by five EU member states ) formally submitted its application for membership in 2022 and
6612-403: The Faroes cannot become an independent member of the EEA as Denmark is already a party to the EEA Agreement. The Faroes already have an extensive bilateral free trade agreement with Iceland, known as the Hoyvík Agreement . A referendum of 1992 rejected this, and there is a prevalent opinion among EU/EEA countries that Swiss referendums would disrupt the EEA-EU cooperation, like has happened with
6728-416: The French in the name of the Helvetic Republic. In 1803 Napoleon organised a meeting of the leading Swiss politicians from both sides in Paris. The Act of Mediation was the result, which largely restored Swiss autonomy and introduced a Confederation of 19 cantons. Henceforth, much of Swiss politics would concern balancing the cantons' tradition of self-rule with the need for a central government. In 1815
6844-519: The Helvetic Republic, was highly unpopular. An invading foreign army had imposed and destroyed centuries of tradition, making Switzerland nothing more than a French satellite state . The fierce French suppression of the Nidwalden Revolt in September 1798 was an example of the oppressive presence of the French Army and the local population's resistance to the occupation. When war broke out between France and its rivals, Russian and Austrian forces invaded Switzerland. The Swiss refused to fight alongside
6960-472: The Helvetii were forced by Caesar to return to their original lands, where they were subjected to stringent restrictions on their autonomy and movements. In 15 BC, Tiberius (later the second Roman emperor) and his brother Drusus conquered the Alps, integrating them into the Roman Empire . The area occupied by the Helvetii first became part of Rome's Gallia Belgica province and then of its Germania Superior province. The eastern portion of modern Switzerland
7076-403: The Holy Roman Empire and its neutrality . During the Early Modern period of Swiss history, the growing authoritarianism of the patriciate families combined with a financial crisis in the wake of the Thirty Years' War led to the Swiss peasant war of 1653 . In the background to this struggle, the conflict between Catholic and Protestant cantons persisted, erupting in further violence at
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#17327830116827192-458: The Norwegian Government later expressed reservations. In January 2017, Theresa May , then the British prime minister , announced a 12-point plan of negotiating objectives and confirmed that the government of the United Kingdom would not seek continued permanent membership in the single market . The United Kingdom could be allowed by other member states to join the EEA and EFTA but existing EEA members such as Norway would have concerns about taking
7308-440: The Swiss Alps. 90% of Switzerland's 65,000-kilometre-long network of rivers and streams have been straightened, dammed, canalized or channeled underground, in an effort to prevent natural disasters such as flooding, landslides, and avalanches. 80% of all Swiss drinking water comes from groundwater sources. Forty-eight mountains are 4,000 metres (13,000 ft) or higher in height. At 4,634 m (15,203 ft), Monte Rosa
7424-407: The Swiss People's Party (SVP/UDC) to restrict immigration . This initiative was mostly backed by rural (57.6% approval) and suburban groups (51.2% approval), and isolated towns (51.3% approval) as well as by a strong majority (69.2% approval) in Ticino, while metropolitan centres (58.5% rejection) and the French-speaking part (58.5% rejection) rejected it. In December 2016, a political compromise with
7540-436: The Swiss banking system and its currency. By informal agreements between Union Bank of Switzerland (UBS), Swiss Bank Corporation , and Credit Suisse , these banks established a gold trading arrangement, the Zürich Gold Pool. The pool, especially UBS, immediately became the major financial partner of the South African suppliers. Having no indigenous national gold supplies, the Swiss gold market in Zürich developed and maintained
7656-442: The Swiss drew up a constitution that provided for a federal layout , much of it inspired by the American example . This constitution provided central authority while leaving the cantons the right to self-government on local issues. Giving credit to those who favoured the power of the cantons (the Sonderbund Kantone), the national assembly was divided between an upper house (the Council of States , two representatives per canton) and
7772-399: The Switzerland-EU cooperation. A poll in December 2022 to mark 30 years since the 1992 EEA referendum indicated that 71% would vote for EEA participation if a referendum were held. For common Swiss people, a major difference between EEA and the Swiss agreement, is that EEA includes free movement for services including roaming prices for mobile phones. A members bill about joining EEA in 2022
7888-412: The activities of the EEA are regulated by the European Union institutions, as well as the EFTA Surveillance Authority and the EFTA Court . The EFTA Surveillance Authority and the EFTA Court regulate the activities of the EFTA members in respect of their obligations in the European Economic Area (EEA). The EFTA Surveillance Authority performs the European Commission's role as "guardian of the treaties" for
8004-423: The adoption of the Swiss Federal Constitution in 1848. Switzerland's precursors established a defensive alliance in 1291, forming a loose confederation that persisted for centuries. The oldest traces of hominid existence in Switzerland date to about 150,000 years ago. The oldest known farming settlements in Switzerland, which were found at Gächlingen , date to around 5300 BC. The earliest known tribes formed
8120-404: The agreement. As of 2020 , the contracting parties to the EEA are three of the four EFTA member states and the 27 EU member states . The newest EU member, Croatia , finished negotiating their accession to the EEA in November 2013, and since 12 April 2014 has provisionally applied the agreement pending its ratification by all EEA member states. Besides the 1992 Treaty, one amending treaty
8236-507: The application of the EEA Agreement among the EEA-EFTA states (between the EEA-EFTA states and within the EEA-EFTA states), disputes between an EU state and an EEA-EFTA state are referred to the EEA Joint Committee rather to either court. Only if the Joint Committee cannot provide a resolution within three months, would the disputing parties jointly submit to the ECJ for a ruling (if the dispute concerns provisions identical to EU law) or to arbitration (in all other cases). The original plan for
8352-468: The beginning of the 1980s, and the subsequent adoption by the EEC of the "Europe 1992 agenda", as a primary reason. Arguing from a liberal intergovernmentalist perspective, these authors argue that large multinational corporations in EFTA countries, especially Sweden, pressed for EEC membership under threat of relocating their production abroad. Other authors point to the end of the Cold War , which made joining
8468-493: The bombings, which violated the 96th Article of War , resulted from navigation errors, equipment failure, weather conditions, and pilot errors. The Swiss expressed fear and concern that the bombings were intended to put pressure on Switzerland to end economic cooperation and neutrality with Nazi Germany. Court-martial proceedings took place in England. The US paid SFR 62M for reparations. Switzerland's attitude towards refugees
8584-491: The citizens, the membership application was withdrawn. Nonetheless, Swiss law is gradually changing to conform with that of the EU, and the government signed bilateral agreements with the European Union. Switzerland, together with Liechtenstein, has been surrounded by the EU since Austria's entry in 1995. On 5 June 2005, Swiss voters agreed by a 55% majority to join the Schengen treaty , a result that EU commentators regarded as
8700-607: The collapse of the London Gold Pool, such as the closing of the London bullion market, caused significant instability in the trading and valuation of gold . Without a market, the South African gold producers sought alternative trading partners. The accompanied weakness of the British pound ended the world dominance of London as the major exchange of gold bullion . Swiss banks acted immediately to minimize effects on
8816-418: The commission. As EEA membership is currently only open to EFTA or EU members, the consent of existing EFTA member states is required for the microstates to join the EEA without becoming members of the EU. In 2011, Jonas Gahr Støre , the then Foreign Minister of Norway , which is an EFTA member state, said that EFTA/EEA membership for the microstates was not the appropriate mechanism for their integration into
8932-596: The commission. However, EEA countries are consulted about new EU legislative proposals and participate in shaping legislation at an early stage. The EEA Agreement contains provisions for input from the EEA/EFTA countries at various stages before legislation is adopted, including consent at the EEA Joint Committee . Once approved at the EEA Joint Committee, it is part of the EEA Agreement, and
9048-576: The confederation suffered a setback in 1515 with the Swiss defeat in the Battle of Marignano . This ended the so-called "heroic" epoch of Swiss history. The success of Zwingli 's Reformation in some cantons led to inter-cantonal religious conflicts in 1529 and 1531 ( Wars of Kappel ). It was not until more than one hundred years after these internal wars that, in 1648, under the Peace of Westphalia , European countries recognised Switzerland's independence from
9164-526: The constitution forbade sending troops to serve abroad, marking the end of foreign service. It came with the expectation of serving the Holy See , and the Swiss were still obliged to serve Francis II of the Two Sicilies with Swiss Guards present at the siege of Gaeta in 1860 . An important clause of the constitution was that it could be entirely rewritten, if necessary, thus enabling it to evolve as
9280-561: The constitution was revised with uncommonly strong elements of direct democracy , which remain unique today. Switzerland was not invaded during either of the world wars. During World War I , Switzerland was home to the revolutionary and founder of the Soviet Union Vladimir Illych Ulyanov ( Vladimir Lenin ) who remained there until 1917. Swiss neutrality was seriously questioned by the short-lived Grimm–Hoffmann affair in 1917. In 1920, Switzerland joined
9396-509: The country top-level domain ".ch", are both taken from the state's Latin name). Helvetica is derived from the Helvetii , a Gaulish tribe living on the Swiss Plateau before the Roman era . Helvetia appeared as a national personification of the Swiss confederacy in the 17th century in a 1672 play by Johann Caspar Weissenbach. The state of Switzerland took its present form with
9512-465: The country, Schwiiz , is homophonous to that of the canton and the settlement, but distinguished by the use of the definite article ( d'Schwiiz for the Confederation, but simply Schwyz for the canton and the town). The long [iː] of Swiss German is historically and still often today spelled ⟨y⟩ rather than ⟨ii⟩ , preserving the original identity of
9628-556: The defence budget and ethical considerations prevented the substantial funds from being allocated, and the Nuclear Non-Proliferation Treaty of 1968 was seen as a valid alternative. Plans for building nuclear weapons were dropped by 1988. Switzerland joined the Council of Europe in 1963. Switzerland was the last Western republic (the Principality of Liechtenstein followed in 1984) to grant women
9744-541: The development of what were essentially early urban strongholds and city governments in Eastern Switzerland. By 1200, the Swiss Plateau comprised the dominions of the houses of Savoy , Zähringer , Habsburg , and Kyburg . Some regions ( Uri , Schwyz , Unterwalden , later known as Waldstätten ) were accorded the Imperial immediacy to grant the empire direct control over the mountain passes. With
9860-479: The eastern regions. Facing pressures from Germanic tribes, in 58 BC, the Helvetii, influenced by Orgetorix , a wealthy aristocrat, decided to abandon the Swiss Plateau for better opportunities in western Gallia. After Orgetorix's mysterious death, the tribe continued their migration but was decisively defeated by Julius Caesar's armies at the Battle of Bibracte , in present-day eastern France. Following their defeat,
9976-632: The end of the 15th century. The expansion led to increased power and wealth for the confederation. By 1460, the confederates controlled most of the territory south and west of the Rhine to the Alps and the Jura mountains , and the University of Basel was founded (with a faculty of medicine) establishing a tradition of chemical and medical research. This increased after victories against the Habsburgs ( Battle of Sempach , Battle of Näfels ), over Charles
10092-640: The extinction of its male line in 1263, the Kyburg dynasty fell in AD 1264. The Habsburgs under King Rudolph I (Holy Roman Emperor in 1273) laid claim to the Kyburg lands and annexed them, extending their territory to the eastern Swiss Plateau. The Old Swiss Confederacy was an alliance among the valley communities of the central Alps. The Confederacy was governed by nobles and patricians of various cantons who facilitated management of common interests and ensured peace on mountain trade routes. The Federal Charter of 1291
10208-504: The functioning of the organisation. However, he suggested that the option of direct membership in the EEA for the microstates, outside both the EFTA and the EU, should be given consideration. On 18 November 2013, the EU Commission concluded that "the participation of the small-sized countries in the EEA is not judged to be a viable option at present due to the political and institutional reasons", and that Association Agreements were
10324-742: The headquarters of the European Commission), while the EFTA Court has its headquarters in Luxembourg (the same location as the headquarters of the European Court of Justice). The EEA and Norway Grants are the financial contributions of Iceland, Liechtenstein and Norway to reduce social and economic disparities in Europe. In the period from 2004 to 2009, €1.3 billion of project funding is made available for project funding in
10440-661: The headwaters of several major rivers, such as the Rhine , Inn , Ticino and Rhône , which flow in the four cardinal directions, spreading across Europe. The hydrographic network includes several of the largest bodies of fresh water in Central and Western Europe, among which are Lake Geneva (Lac Léman in French), Lake Constance (Bodensee in German) and Lake Maggiore . Switzerland has more than 1500 lakes and contains 6% of Europe's freshwater stock. Lakes and glaciers cover about 6% of
10556-607: The highest costs of living . Switzerland holds an international reputation for its established banking sector, alongside its distinctive recognition for their watchmaking and chocolate production. It has four main linguistic and cultural regions: German, French, Italian and Romansh . Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared values such as federalism and direct democracy , and Alpine symbolism. Swiss identity transcends language, ethnicity, and religion, leading to Switzerland being described as
10672-563: The last widely recognised state without full UN membership. Switzerland is a founding member of the EFTA but not the European Economic Area (EEA). An application for membership in the European Union was sent in May 1992, but did not advance since rejecting the EEA in December 1992 when Switzerland conducted a referendum on the EEA. Several referendums on the EU issue ensued; due to opposition from
10788-762: The national territory. Lake Geneva is the largest lake and is shared with France. The Rhône is both the main source and outflow of Lake Geneva. Lake Constance is the second largest and, like Lake Geneva, an intermediate step by the Rhine at the border with Austria and Germany. While the Rhône flows into the Mediterranean Sea at the French Camargue region and the Rhine flows into the North Sea at Rotterdam , about 1,000 kilometres (620 miles) apart, both springs are only about 22 kilometres (14 miles) apart in
10904-582: The patriciate was only temporary. After a period of unrest with repeated violent clashes, such as the Züriputsch of 1839, civil war (the Sonderbundskrieg ) broke out in 1847 when some Catholic cantons tried to set up a separate alliance (the Sonderbund ). The war lasted less than a month, causing fewer than 100 casualties, most of which were through friendly fire . The Sonderbundskrieg had
11020-539: The plateau, which hosts its largest cities and economic centres, including Zurich , Geneva , and Basel . Switzerland originates from the Old Swiss Confederacy established in the Late Middle Ages , following a series of military successes against Austria and Burgundy ; the Federal Charter of 1291 is considered the country's founding document. Swiss independence from the Holy Roman Empire
11136-414: The right to vote . Some Swiss cantons approved this in 1959, while at the federal level, it was achieved in 1971 and, after resistance, in the last canton Appenzell Innerrhoden (one of only two remaining Landsgemeinde , along with Glarus ) in 1990. After obtaining suffrage at the federal level, women quickly rose in political significance. The first woman on the seven-member Federal Council executive
11252-436: The risk of opening a difficult negotiation with the EU that could lead them to lose their current advantages. The Scottish Government has looked into membership of the EFTA to retain access to the EEA. However, other EFTA states have stated that only sovereign states are eligible for membership, so it could only join if it became independent from the United Kingdom. The EEA EFTA States (Norway, Iceland, Liechtenstein) signed
11368-778: The sixth century, following Clovis I 's victory over the Alemanni at Tolbiac in 504 AD, and later Frankish domination of the Burgundians. Throughout the rest of the sixth, seventh and eighth centuries, Swiss regions continued under Frankish hegemony ( Merovingian and Carolingian dynasties) but after its extension under Charlemagne , the Frankish Empire was divided by the Treaty of Verdun in 843. The territories of present-day Switzerland became divided into Middle Francia and East Francia until they were reunified under
11484-702: The southeast the long Engadin Valley, encompassing St. Moritz , is also well known; the highest peak in the neighbouring Bernina Alps is Piz Bernina (4,049 m or 13,284 ft). The Swiss Plateau has greater open and hilly landscapes, partly forested, partly open pastures, usually with grazing herds or vegetable and fruit fields, but it is still hilly. Large lakes and the biggest Swiss cities are found there. Switzerland contains two small enclaves : Büsingen belongs to Germany, while Campione d'Italia belongs to Italy. Switzerland has no exclaves. European Economic Area The European Economic Area ( EEA )
11600-546: The then seven states of the European Free Trade Association (EFTA), the European Community (EC) and its then 12 member states . On 6 December 1992, Switzerland's voters rejected the ratification of the agreement in a constitutionally mandated referendum , effectively freezing the application for EC membership submitted earlier in the year. Switzerland is instead linked to the EU by a series of bilateral agreements . On 1 January 1995, three erstwhile members of
11716-449: The three states, 3) EEA membership, and 4) EU membership. The Commission argued that the sectoral approach did not address the major issues and was still needlessly complicated, while EU membership was dismissed in the near future because "the EU institutions are currently not adapted to the accession of such small-sized countries". The remaining options, EEA membership and an FAA with the states, were found to be viable and were recommended by
11832-633: The two names even in writing. The Latin name Confoederatio Helvetica was neologised and introduced gradually after the formation of the federal state in 1848, harking back to the Napoleonic Helvetic Republic . It appeared on coins from 1879, inscribed on the Federal Palace in 1902 and after 1948 used in the official seal (e.g., the ISO banking code "CHF" for the Swiss franc , the Swiss postage stamps ('HELVETIA') and
11948-695: The wider world by Axis-controlled territory. Over the course of the war, Switzerland interned over 300,000 refugees aided by the International Red Cross , based in Geneva. Strict immigration and asylum policies and the financial relationships with Nazi Germany raised controversy, only at the end of the 20th century. During the war, the Swiss Air Force engaged aircraft of both sides, shooting down 11 intruding Luftwaffe planes in May and June 1940, then forcing down other intruders after
12064-560: Was Elisabeth Kopp , who served from 1984 to 1989, and the first female president was Ruth Dreifuss in 1999. In 1979 areas from the canton of Bern attained independence from the Bernese, forming the new canton of Jura . On 18 April 1999, the Swiss population and the cantons voted in favour of a completely revised federal constitution . In 2002 Switzerland became a full member of the United Nations, leaving Vatican City as
12180-575: Was complicated and controversial; over the course of the war, it admitted as many as 300,000 refugees while refusing tens of thousands more, including Jews persecuted by the Nazis. After the war, the Swiss government exported credits through the charitable fund known as the Schweizerspende and donated to the Marshall Plan to help Europe's recovery, efforts that ultimately benefited
12296-616: Was established via the Agreement on the European Economic Area , an international agreement which enables the extension of the European Union 's single market to member states of the European Free Trade Association (EFTA). The EEA links the EU member states and three of the four EFTA states (Iceland, Liechtenstein, and Norway) into an internal market governed by the same basic rules. These rules aim to enable free movement of persons , goods, services, and capital within
12412-462: Was first attested in 972, as Old High German Suittes , perhaps related to swedan 'to burn' (cf. Old Norse svíða 'to singe, burn'), referring to the area of forest that was burned and cleared to build. The name was extended to the area dominated by the canton, and after the Swabian War of 1499 gradually came to be used for the entire Confederation. The Swiss German name of
12528-530: Was formally recognised in the Peace of Westphalia in 1648. Switzerland has maintained a policy of armed neutrality since the 16th century and has not fought an international war since 1815 . It joined the United Nations only in 2002 but pursues an active foreign policy that includes frequent involvement in peace building . Switzerland is the birthplace of the Red Cross and hosts the headquarters or offices of most major international institutions including
12644-513: Was integrated into the Roman province of Raetia . Sometime around the start of the Common Era , the Romans maintained a large camp called Vindonissa , now a ruin at the confluence of the Aare and Reuss rivers, near the town of Windisch . The first and second century AD was an age of prosperity on the Swiss Plateau. Towns such as Aventicum , Iulia Equestris and Augusta Raurica reached
12760-494: Was later renamed the European Economic Area, as it is known today. By the time the EEA was established in 1994, however, several developments hampered its credibility. First of all, Switzerland rejected the EEA agreement in a national referendum on 6 December 1992, obstructing full EU-EFTA integration within the EEA. Furthermore, Austria had applied for full EEC membership in 1989, and was followed by Finland, Norway, Sweden, and Switzerland between 1991 and 1992 (Norway's EU accession
12876-612: Was mostly rejected by the Federal council (government) considering the present treaties better for Switzerland. In November 2012, after the Council of the European Union had called for an evaluation of the EU's relations with the sovereign European microstates of Andorra, Monaco and San Marino, which they described as "fragmented", the European Commission published a report outlining options for their further integration into
12992-457: Was not achieved. On 20 November 2013, it was announced that an enlargement agreement was reached. The text was initialled on 20 December 2013, and following its signature in April 2014 the agreement is being provisionally applied pending ratification by Croatia, all EEA states, and the European Union. As of November 2024, the agreement has been ratified by 30 out of 31 parties, all except
13108-532: Was open to the possibility of EFTA membership for the microstates if they decide to submit an application, and that the country had not made a final decision on the matter. Pascal Schafhauser, the Counsellor of the Liechtenstein Mission to the EU, said that Liechtenstein, another EFTA member state, was willing to discuss EEA membership for the microstates provided their joining did not impede
13224-507: Was part of the territory of the Kings of the Burgundians , who introduced the French language to the area. The Alemanni settled the Swiss Plateau in the fifth century and the valleys of the Alps in the eighth century, forming Alemannia . Modern-day Switzerland was then divided between the kingdoms of Alemannia and Burgundy . The entire region became part of the expanding Frankish Empire in
13340-543: Was rejected in a referendum , Switzerland froze its EU application after the EEA agreement was rejected in a referendum ). The fall of the Iron Curtain had made the EU less hesitant to accept these highly developed countries as member states, since that would relieve the pressure on the EU's budget when the former socialist countries of Central Europe were to join. The EEA Agreement was signed in Porto on 2 May 1992 by
13456-479: Was signed, as well as three treaties to allow for accession of new members of the European Union. Notes When a state joins the EU, they do not necessarily immediately become part of the EEA but are obliged to apply. Following the 2004 enlargement of the EU , which saw Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia acceding to the EU on 1 May 2004,
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