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Euro-deputies Tuesday backed measures to draw up a blacklist of states unwilling to combat tax evasion. “We need to set up a European blacklist of tax havens and identify proper sanctions for banks co-operating with them,” said Slovenian MEP Mojca Kleva Kekus. EU tax commissioner Semeta also endorsed the idea.
EU leaders Wednesday will likely agree that each country should continue to have one EU commissioner beyond 2014, the deadline written into the Lisbon Treaty. A senior German official Tuesday explained that the deadline extension was a promise made to Ireland before it held a second referendum on the treaty.
EU leaders will make another bid to crack down on tax evasion after UK Prime Minister Cameron called on British tax havens to "get their house in order."
Russia's request for Interpol to track Bill Browder, a UK-based human rights campaigner, could end his trips to Brussels and other EU capitals.
German politicians from across the political spectrum have expressed their outrage after Hungary's Viktor Orban compared Angela Merkel's policies to the Nazi invasion ordered by Adolf Hitler.
- Response to Hungary is test for EU
- Protests as Germany opens giant Barbie house
- Austria, Luxembourg expected to play ball in tax-evasion clampdown
The International Religious Freedom Report for 2012 released on Monday by the US Department of State notes the global rise of anti-semitism and anti-Muslim rhetoric. Anti-Muslim rhetoric was most often found in the EU and Asia. Anti-semitism was most noted Venezuela, Egypt, Iran, Ukraine, Russia, Greece, Argentina and Hungary.
German EU Commissioner Guenther Oettinger Monday said France must reform or face punitive measures, reports Reuters. "France should reform its pension system [and] liberalise its labour market," he said. The European Commission last week gave France another two years to reduce its deficit to below 3%.
European Parliament President Schulz Monday announced six candidates for EU ombudsman to replace Nikiforos Diamandouros. They are Alex Brenninkmeijer, Markus Jaeger, Dutch centre-right deputy Ria Oomen-Ruijten, Emily O'Reilly, German socialist deputy Dagmar Roth-Behrendt and Italian nationalist EFD deputy Francesco Speroni. The successful candidate will be announced in July's plenary session.
Almost 60 percent of one Cypriot bank's clients are "high risk" and almost a third of all depositors' records contain errors, a leaked report says.
Energy and tax policy are on next WEEK’s agenda as European leaders gather in Brussels to discuss the issues at the EU summit on Wednesday.
- EU finance ministers draw blank on new tax law
- [Analysis] Cold War politics hang over EU shale gas revolution
- British PM tries to break deadlock on tax havens
So-called stress tests, a review of eurozone banks' assets - bonds, capital - that should have been published this year will probably be published by mid-2014, European Central Bank board member Yves Mersch said Friday in London. The review is needed before the ECB starts supervising eurozone's biggest banks.