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Swiss banks weigh impact of mosque minarets row

Posted on 04 January 2010

From UPI: Swiss banks are worried the row over mosque minarets, banned in a referendum despite grave reservations from sections of the Swiss public, will lead to Muslim deposit holders taking their business to Turkey and even Germany, Swiss and Turkish media reported.

Alarm bells were raised when Turkey’s minister in charge of accession talks with the European Union, Egeman Bagis, urged Muslims to “empty” their bank accounts in Switzerland. Bagis said Turkish banks would welcome new account holders who were angered over the minarets ban……………………………………Full Article: Source

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