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.
An EU summit will be devoted to the issue in May. According to a senior EU official, the summit is aimed at "convincing" Austria to drop its veto on an EU bill obliging banks and governments to exchange data on their citizens' bank accounts abroad.\n \nAfter a weekend o...
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