Pierre Moscovici

EU to remove eight countries from tax haven blacklist

The decision, which will see Panama being among the eight, has not been universally welcomed, with some saying that the credibility of such a blacklist has been damaged barely months after it was created.

EU blacklists 17 non-European nations for tax avoidance

Enforcement remains the biggest challenge, with EU countries split over whether blacklisted countries should be subject to financial sanctions or if featuring on the list itself is shame enough.

Spain's Rajoy asks for Catalans' support in regional election

Spanish Prime Minister Mariano Rajoy calls on Catalans to support him in a regional election as Catalan Parliament Speaker Carme Forcadell and five other legislators appear before Spain's Supreme Court.

EU pushes for tax blacklist after Paradise Papers leak

The leaks, which shed further light on how the global elite manages its money after the Panama Papers and LuxLeaks scandal, were centre-stage at Tuesday's meeting of EU finance ministers in Brussels.

European Union says ‘Brexit' might hurt British economy

The European Commission says 'Brexit' may cause uncertainty and thus downward pressure on the British economy, a few days after the Organization for Economic Cooperation and Development (OECD) issues a similar warning.

Officials say there is no deal between Greece and lenders

Euro zone and IMF officials say Greece and its lenders will not make deal to unlock loans and enable vital debt relief talks