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Yes; May 26th - the date on which the Swiss Federal Council declined to sign the Institutional Framework Agreement (IFA) - was also the deadline for the renewal of the mutual recognition agreement (MRA) between the EU and Switzerland on medical devices. This came about due to the Medical Devices Regulation (EU) 2017/745 coming into full force on that date; ...


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This is a bit of speculation but it might answer the reason. I remember seeing after the 2008 financial crash that the Swiss Franc was causing problems for Switzerland because it was getting too strong, being sought as a currency to take refuge in. Keep in mind that the US dollar, despite the US's role in starting the 2008 crash also appreciated quite a bit,...


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