At the COP23 summit in Bonn, Luxembourg's finance and environment ministers joined with directors of the European Investment Bank to launch a de-risking mechanism that will allow financing of climate-friendly projects.
The Paradise Papers has presented the EU with a golden opportunity to crack down on tax evasion by multinationals and the art of investing profits from cheap labour in tax havens practised by emerging economies, insists European Parliament Vice-President Dimitris Papadimoulis.
European Union finance ministers called on Tuesday (7 November) for a blacklist of tax havens to be drawn up for approval next month as part of kick back against what it sees as tax dodging by the rich and famous.
This weekend’s massive leak from an offshore law firm implicating businesses, celebrities and top politicians in a global tax evasion scandal was further confirmation – if we needed it – that tax is not fair.
The need for fast, accurate and balanced information is always important. We value EURACTIV's good, independent journalism and support this initiative
Mella Frewen, Director General of FoodDrinkEurope
EURACTIV plays a vital role in bringing Europe closer to its citizens. EURACTIV has long recognised that the story of Europe has to be told across the continent, and not just in Brussels. We need to support a truly European and informed debate.