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EU targets tax evasion on savings

13.05.13 @ 17:12

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 ...

Switzerland re-imposes curbs on EU workers

25.04.13 @ 09:18

Switzerland is imposing quotas on work permits for EU citizens despite objections from Brussels. The federal government said on Wednesday (24 April) it will give just 2,180 five-year residency permits over the next 12 ...

Switzerland to defy EU tax transparency

15.04.13 @ 09:30

Switzerland should reject EU plans for mandatory information exchange on bank accounts, the country's President has said. His statements comes amid new momentum in the EU to establish a system of automatic exchange of ...

Swiss army prepares for euro unrest

16.10.12 @ 09:31

The Swiss army is preparing for possible internal civil unrest as well as waves of refugees from euro-countries as the economic crisis drags on. Switzerland, a non-EU, non-euro country landlocked between eurozone states ...

Brussels shames EU countries on tax fraud

27.06.12 @ 18:38

A fresh report on tax fraud by the European Commission makes several EU countries look like villains in the €1-trillion-a-year racket. Taxation commissioner Algirdas Semeta put forward the findings in Brussels on ...

EU countries back 'new' members on Swiss immigration

19.04.12 @ 09:25

EU countries have put up a united front against Swiss quotas on immigration from former Communist member states. Foreign affairs chief Catherine Ashton on Wednesday (18 April) in a statement on behalf of the Union said ...

France threatens Switzerland on tax evasion

04.11.11 @ 22:02

French leader Nicolas Sarkozy has promised to make Switzerland into an international pariah unless it stops helping EU tax payers hide money. But EU countries have a poor track record of cracking down on high-level ...