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Parliament baulks at third stimulus package

This content was published on Sep 15, 2009 The package, intended to support the labour market and the unemployed, was reduced by parliamentarians from SFr400 million ($386 million) to just SFr65 million. The parties of the political right refused to extend benefits to the long-term unemployed and young job seekers. The rump package was eventually passed by 94 votes to 87. Unemployment is…