EU nations agree on rules to fight tax evasion

German Chancellor Angela Merkel, left, speaks with Luxembourg's Prime Minister Xavier Bettel during a group photo at an EU summit in Brussels on Thursday, March 20, 2014. The EU Commission president wants a two-day summit of European Union leaders to center on boosting the fledgling government in Kiev rather than focus exclusively on sanctions against Russia over its annexation of Ukraine’s Crimea peninsula. (AP Photo/Yves Logghe)BRUSSELS (AP) — European Union nations on Thursday agreed on a sweeping policy to fight tax evasion after tiny Luxembourg dropped its reservations to new rules which render its secretive banking culture more transparent.

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