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EU ministers propose 'urgent' measures after Panama scandal

Mossack Fonseca is the law firm at the heart of the Panama Papers scandalEU finance ministers endorsed a series of measures on Saturday to fight tax evading methods used by Europeans exposed by the Panama Papers scandal. “The sense of urgency is definitely much bigger,” said Jeroen Dijsselbloem, the finance minister from the Netherlands that holds the EU’s rotating presidency, on the second day of talks in Amsterdam. “We’ve been (so) very busy competing with each other … that big companies tend not to pay taxes,” said Dijsselbloem who is also head of the Eurogroup of eurozone finance ministers.

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