EU Seeks Tax Deal to Counter Populists Bolstered by Panama Leaks
- Finance ministers agree to draw up common tax-haven blacklist
- Scandal provides `extraordinary opportunity,' Moscovici says
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The European Union unveiled a raft of measures to tackle tax evasion as finance chiefs attempted to wrestle the issue back from populist groups using the Panama leaks to argue governments turn a blind eye to inequality.
The EU’s economy chiefs, buffeted by anti-establishment anger from London to Madrid, showed a united front at a two-day gathering of the ministers by agreeing to work on a stepped-up regime of tax transparency and tax-haven blacklists.