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The Swiss central bank moved in September to put a lid on the currency's rise by setting a target exchange rate of 1.20 Swiss francs per euro, but the Swiss economy is still expected to slow this year, due to turmoil in the global economy and the eurozone's debt crisis. Employers are wary of the doom and gloom -- and more indulgent spending
-- found outside Swiss borders. One TV ad run by Swiss employers ahead of the voting depicted a neglected surgery patient who finds a Post-it note stuck on a medical monitor saying there was a staff shortage due to new vacation rules. Posters could be seen in train stations, airports and public places warning that more vacation would mean fewer jobs.
[Associated
Press;
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