Switzerland is heading for what could be a potentially nasty constitutional crisis, if things go wrong. Parliament is legally bound to implement referendums because they work by adjusting the constitution. Swiss MPs are apparently more scared of the EU than they are of their own courts. This is not a sustainable situation for a democracy. Even if it doesn't blow up now, eventually it will. Switzerland will eventually go through its own "Swexit", due to a referendum that involves wishing to withdraw from one part of one agreement and the EU insisting that it withdraws from all of them simultaneously.
I'm sorry, what?
You sign a bilateral agreement bringing you massive wealth and advantages then you try to avoid doing your part of the deal
So EU is now evil because it will not take shit from a tiny country?