Cyprus President Nicos Anastasiades arrives at the May 2013 EU Summit

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On his arrival at the May 2013 EU Council, Cyprus president Nicos Anastasiades said that Europe needs “tax policies that will encourage growth’.

EU leaders met today to discuss how to lower energy prices and improve industrial competitiveness, at a time when other developed countries are rushing to invest in shale gas. Second issue on the agenda is tax evasion, which every year deprives EU governments of roughly €1 trillion.

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