Euro area waives tax havens

Euro area waives tax havens

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On Friday , March 21 , the euro continues to take positions and 8:30 MSK reached 1,378 dollars Perhaps the main defining trend news was reported deofshorizatsii European economy.

Countries – EU member states agreed on the necessity of joint measures to combat tax evasion . In particular , Luxembourg announced the lifting of bank secrecy , which would make the banking system more transparent , reports Associated Press.

Luxembourg Prime Minister Xavier Bettel during the EU summit in Brussels confirmed the country’s willingness to abandon banking secrecy and to adopt a new system of regulation . “We are ready to go this way ” – said K.Bettel . European Council President Herman Van Rompuy said that this step is necessary to strengthen the fight against tax evasion .

EU plans to approve legislation on bank accounts, providing for the exchange of data between the countries of the Union , which will monitor and prosecute tax evaders within the law .

Trend combat ofshorizatsiey old European economy . Perhaps the most notorious event was the refusal of Swiss bank secrecy . Now ready to hand over banking secrecy Luxembourg. For the country is a serious blow to the economy . But the pressure in this area will continue , and the legislation will be every year getting tougher and tougher . For the euro is rather good news , able to solve the long-term portion of financial problems.

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