Herman Van Rompuy’s introductory remarks at the May 2013 EU Council

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European Council President Herman Van Rompuy will seek to maintain momentum on the EU savings directive by asking leaders to agree on tax evasion initiative by the end of the year. Tax evasion deprives EU governments of roughly €1 trillion every year. EU leaders also meet 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.

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