SWITZERLAND-BANKING-GOLD-REFERENDA

A campaign poster in favor of an initiative on Swiss gold which reads in French "Protect the people's fortune ! People's initiative on gold, yes" is seen on November 17, 2014 in Lausanne. As Switzerland prepares to vote this month on whether to force the country's central bank to increase its gold reserves, economists warn a 'Yes' vote could wreak havoc in financial markets. The initiative "Save Switzerland's gold", which will be put to a popular referendum vote on November 30, would oblige the Swiss National Bank (SNB) to boost its gold reserves to at least 20 percent of its holdings, nearly three times more than the current seven percent level. AFP PHOTO / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP via Getty Images)
A campaign poster in favor of an initiative on Swiss gold which reads in French "Protect the people's fortune ! People's initiative on gold, yes" is seen on November 17, 2014 in Lausanne. As Switzerland prepares to vote this month on whether to force the country's central bank to increase its gold reserves, economists warn a 'Yes' vote could wreak havoc in financial markets. The initiative "Save Switzerland's gold", which will be put to a popular referendum vote on November 30, would oblige the Swiss National Bank (SNB) to boost its gold reserves to at least 20 percent of its holdings, nearly three times more than the current seven percent level. AFP PHOTO / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP via Getty Images)
SWITZERLAND-BANKING-GOLD-REFERENDA
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Editorial #:
459125912
Collection:
AFP
Date created:
17 November, 2014
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Source:
AFP
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AFP
Object name:
Par8031470
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