Berliner Boersenzeitung - Basel votes to stump up bucks to host Eurovision

EUR -
AED 4.302647
AFN 72.638638
ALL 95.608183
AMD 431.881383
ANG 2.097675
AOA 1075.514006
ARS 1630.845589
AUD 1.613503
AWG 2.110316
AZN 1.989448
BAM 1.95625
BBD 2.359683
BDT 143.813068
BGN 1.956452
BHD 0.441981
BIF 3486.049359
BMD 1.171584
BND 1.49093
BOB 8.096103
BRL 5.889319
BSD 1.171589
BTN 112.066812
BWP 15.783101
BYN 3.264623
BYR 22963.054086
BZD 2.356322
CAD 1.605832
CDF 2625.52082
CHF 0.915892
CLF 0.026416
CLP 1039.652225
CNY 7.956171
CNH 7.951883
COP 4443.409545
CRC 533.331738
CUC 1.171584
CUP 31.046986
CVE 110.656382
CZK 24.338137
DJF 208.213644
DKK 7.472833
DOP 69.41625
DZD 155.213843
EGP 62.000466
ERN 17.573766
ETB 184.37803
FJD 2.583519
FKP 0.866046
GBP 0.866328
GEL 3.139832
GGP 0.866046
GHS 13.230052
GIP 0.866046
GMD 85.525327
GNF 10283.581368
GTQ 8.938055
GYD 245.112637
HKD 9.173915
HNL 31.175614
HRK 7.535401
HTG 153.010407
HUF 358.199779
IDR 20506.534512
ILS 3.410125
IMP 0.866046
INR 112.090223
IQD 1534.775554
IRR 1538290.307204
ISK 143.612919
JEP 0.866046
JMD 185.287069
JOD 0.830693
JPY 184.926419
KES 151.345235
KGS 102.45502
KHR 4699.225459
KMF 493.237542
KPW 1054.445637
KRW 1745.133131
KWD 0.361129
KYD 0.976354
KZT 549.881745
LAK 25716.277199
LBP 105150.654656
LKR 380.233921
LRD 214.57545
LSL 19.225625
LTL 3.459384
LVL 0.70868
LYD 7.410236
MAD 10.747822
MDL 20.09322
MGA 4891.365002
MKD 61.668128
MMK 2459.488263
MNT 4193.890538
MOP 9.450755
MRU 46.863029
MUR 54.841737
MVR 18.053658
MWK 2040.317469
MXN 20.125359
MYR 4.604916
MZN 74.879938
NAD 19.225731
NGN 1605.855166
NIO 43.002986
NOK 10.743192
NPR 179.313588
NZD 1.973194
OMR 0.450471
PAB 1.171609
PEN 4.01678
PGK 5.108049
PHP 71.437396
PKR 326.404046
PLN 4.248575
PYG 7164.647427
QAR 4.268669
RON 5.209682
RSD 117.42909
RUB 86.90246
RWF 1710.513213
SAR 4.402898
SBD 9.410468
SCR 16.259612
SDG 703.535975
SEK 10.923262
SGD 1.490179
SHP 0.874706
SLE 28.824564
SLL 24567.541377
SOS 669.56084
SRD 43.575928
STD 24249.431498
STN 24.896168
SVC 10.251357
SYP 129.552586
SZL 19.313562
THB 37.877654
TJS 10.971904
TMT 4.112261
TND 3.374746
TOP 2.820894
TRY 53.219686
TTD 7.948963
TWD 36.947672
TZS 3043.366066
UAH 51.519507
UGX 4393.085133
USD 1.171584
UYU 46.541496
UZS 14150.396048
VES 595.240638
VND 30868.905564
VUV 138.222207
WST 3.166486
XAF 656.124669
XAG 0.013388
XAU 0.00025
XCD 3.166265
XCG 2.111467
XDR 0.814215
XOF 654.328298
XPF 119.331742
YER 279.56933
ZAR 19.250415
ZMK 10545.665034
ZMW 22.113745
ZWL 377.249696
  • RBGPF

    0.0000

    61

    0%

  • CMSC

    -0.0600

    23.05

    -0.26%

  • NGG

    -0.2600

    86.98

    -0.3%

  • GSK

    0.0900

    50.99

    +0.18%

  • BTI

    1.7100

    65.35

    +2.62%

  • BP

    -0.2600

    44.14

    -0.59%

  • AZN

    3.1800

    187.72

    +1.69%

  • RELX

    -1.1500

    31.62

    -3.64%

  • RIO

    2.5400

    112.04

    +2.27%

  • BCC

    -0.9500

    66.98

    -1.42%

  • BCE

    -0.0800

    24.39

    -0.33%

  • RYCEF

    -0.0800

    16

    -0.5%

  • CMSD

    -0.0400

    23.56

    -0.17%

  • JRI

    -0.0100

    13.13

    -0.08%

  • VOD

    0.4150

    15.51

    +2.68%

Basel votes to stump up bucks to host Eurovision
Basel votes to stump up bucks to host Eurovision / Photo: Tobias SCHWARZ - AFP

Basel votes to stump up bucks to host Eurovision

Basel voters on Sunday overwhelmingly approved the city putting up nearly $40 million towards hosting next year's Eurovision Song Contest, meaning the glitzy annual TV extravaganza will go ahead with its full customary pomp.

Text size:

In Swiss referendums, most voters cast their ballots in advance by post, and after the polling stations closed at noon (1100 GMT), intermediate results showed 66.4 percent of voters in the northern city backed putting taxpayers' cash into staging Eurovision 2025.

Swiss singer Nemo won Eurovision 2024 with "The Code", giving Switzerland the right to host next year's event. Basel, on the border with France and Germany, was selected to stage the kitsch event.

But the small, ultra-conservative, Christian fundamentalist Federal Democratic Union of Switzerland party garnered enough signatures to secure a referendum on whether the 34.96 million Swiss francs ($39.5 million) approved by regional authorities for the show should be granted.

Swiss voters are used to having a direct say on how taxes are spent, and some bristled at the potential costs and hassle of the Eurovision circus.

Eurovision is a non-profit event, mostly financed by weighted contributions from participating public service broadcasters.

However, Eurovision says that "given the benefits that will flow" to host cities, they must also make a contribution.

Based on the last two contests in Liverpool and Malmo, Basel hopes to make about 60 million Swiss francs from the event, in particular in tourism and hospitality.

Had voters rejected granting the money, Eurovision 2025 would have been scaled right back to just the show itself, with no public events outside the main venue.

On the Rhine river, Basel is an international hub for the chemical and pharmaceutical industries, hosting the headquarters of Novartis and Roche.

But it also has its cultural side, with several internationally renowned museums, and the annual Art Basel event -- the world's top contemporary art fair.

Andrea Strahm, a lawyer and member of the Basel-Stadt regional assembly, told AFP: "We are a city of art, of fine arts, but also of music. It is always very important for our city."

Across Switzerland, voters were also deciding on whether to approve expanding the country's motorways at key congestion points, and on the powers given to landlords, with early results trends showing the votes were expected to be close.

- Motorways -

The government and the parliament want to ease bottlenecks on six motorway stretches, with the volume of traffic having doubled since 1990.

The plans include widening sections of the A1 motorway, constructing a tunnel under the Rhine in Basel, and new tunnels in St. Gallen and Schaffhausen.

The projects are estimated to cost 4.9 billion Swiss francs ($5.5 billion).

"These are billions that we will not be able to invest in other solutions, other means of transport which are more ecological and more efficient," said Angela Zimmermann, campaign manager at the actif-trafic association.

"These motorway expansion projects will increase traffic both on the motorway and in cities, worsen the funnel effect, and increase traffic jams," she told AFP.

- Tenancy laws -

The Swiss will also vote on two separate proposals aimed at giving landlords more flexibility, one on terminating leases and the other on limiting sub-letting.

Nearly 60 percent of people in Switzerland are tenants.

The new rules issued by parliament aim to prevent abuses in sub-letting, which are common in Switzerland.

Asloca, a major tenants' association, called the moves "direct attacks on the meagre tenant protection mechanisms" already in place.

Asloca "firmly opposes this attack by the real estate lobby, aimed at chasing tenants away in order to re-let at a higher price.

"By facilitating lease terminations, rents will explode, because with each change of tenants, the landlord can increase the rent," it argued.

(L.Kaufmann--BBZ)