The Kompass Initiative, led by Swiss billionaires Alfred Gantner, Urs Wietlisbach, and Marcel Erni, aims to halt new agreements between Switzerland and the EU, fearing a decrease in the country’s competitiveness and autonomy. During recent public talks, Wietlisbach asserted that further EU alignment would import undesirable bureaucratic norms. However, some Swiss business leaders, like PB Swiss Tools’ Eva Jaisli, argue that stronger ties to the EU are essential for sustaining economic growth and innovation. The initiative emphasizes that significant treaties must be validated by the public, setting the stage for a heated debate on Switzerland’s future relationship with the EU.