The European Commission wants to tighten tax loopholes on savings of EU citizens who hold accounts in member states and in Switzerland, Andorra, San Marino, Monaco and Lichtenstein. "We are looking for an ambitious ...

Tax evasion has risen to prominence on the EU agenda following the money laundering discussions surrounding Cyprus' bailout and the recent revelations concerning Europeans hiding their wealth in complex offshore schemes ...

Austria has accused the UK of being a haven for money launderers ahead of an EU meeting in Dublin, with Cyprus, Ireland, Portugal and Slovenia's (potential) bailout needs also on the agenda. The Austrian finance ...

France, Germany, Italy, Spain and the UK have agreed to more automatic exchanges of banking data to fight tax evasion, increasing pressure on Austria and Luxembourg to give up their veto on the equivalent EU bill. In a ...

Austria and Finland have said their companies did no wrong in a case of suspected Russia-EU money laundering. But victims of the crime disagree. The sums involved are not so big - $150,000 in Austria and $199,500 in ...

Today marks the first time two EU foreign ministers will conjointly visit Macedonia. It is a signal that we want to further strengthen our friendly relations and make joint progress in areas of common interest. Both ...

The EU-endorsed Nabucco pipeline project is shrinking and might vanish by the end of June. When executives from five energy firms - Botas, Bulgargaz, Mol, OMV and Transgaz - ate dinner in Vienna in October 2002 after ...

"Completely unjustifiable ... grossly unfair ... a mystery" - the European Commission and the Danish EU presidency have given Austria and Luxembourg a tongue-lashing for protecting tax evaders. The harsh words came ...

Rules by Austrian regulators limiting lending to eastern European countries are a "mistake" and lack "fair play" after Austrian banks made "huge profits" in the region, Romanian President Traian Basescu said in a speech ...