Austria, Luxembourg to play ball in tax clampdown

Germany expects Austria and Luxembourg to take part in an EU-wide effort to clamp down on tax evasion, even though the two countries last week blocked a key EU proposal on the topic.

An EU summit devoted to tax evasion on Wednesday (22 May) is not meant to "pressure" Austria and Luxembourg, but the German government expects the two countries to eventually back an initiative they blocked last week, a senior German official said Tuesday in Berlin.

The official underlined the signifi...