Sven Giegold

Tax haven blacklist: Greens/EFA Group calls for transparency

The Greens/EFA group in the European Parliament calls on the Bulgarian Presidency and the chair person of the “Code of Conduct Group” to be more transparent and accountable. In a letter sent today, Thursday, 18th of January, the Greens/EFA group calls on the Council to publish all the commitments of the 55 countries on the so-called‘ grey list‘ of tax havens. The group of the Greens/EFA also calls for a clear timetable to be presented as soon as possible, listing the next steps towards sanctions and commitments. Next Tuesday on 23 January, the finance ministers of the European Union are expected to remove eight countries from the blacklist. Currently there are 17 countries on the list. The eight countries (Barbados, Grenada, Korea, Macao, Mongolia, Panama, Tunisia and the United Arab Emirates) have sent their commitment letters to the finance ministers after the ministers had adopted the blacklist on 5 December 2017.

MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group commented:

“The blacklist of the European Union must be brought to light. We need transparency on the commitments of all the tax havens that are to be removed from the list. Equally the commitment letters of the 55 tax havens on the grey list and the results of the European Union’s review of all third countries must be made public. Only that way, the blacklist can regain credibility.“

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