Thursday

28th Mar 2024

Ticker

EU shames Oman, UAE and others as 'tax-havens'

The EU has branded as "tax-havens" the Dutch Caribbean island of Aruba, Barbados, Belize, the British overseas territory of Bermuda, Fiji, the Marshall Islands, Oman, the United Arab Emirates, Vanuatu, and Dominica in a decision by finance ministers in Brussels Wednesday, the Reuters news agency reported. The 10 jurisdictions joined Samoa, Trinidad and Tobago, and US territories American Samoa, Guam, and the US Virgin Islands, which had been blacklisted earlier.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

Join EUobserver

EU news that matters

Join us