Swiss ready to retaliate against EU over stock market access

ZURICH (Reuters) - The Swiss government said on Monday it was ready to ban stock exchanges in the European Union from trading Swiss shares -- intensifying a row over a stalled partnership treaty. The move followed the EU not extending stock market equivalence to Switzerland after Brussels grew frustrated with Swiss foot-dragging over the long-discussed agreement. Bern said in response it would withdraw recognition from trading venues in the EU from July 1 to "protect the Swiss stock exchange infrastructure in the event of non-extension"

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