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EU's Moscovici urges new blacklist of tax havens after Panama Papers

European Economic Affairs Commissioner Pierre Moscovici, pictured on February 11, 2016, said the bloc's 28 countries needed to agree on joint criteria for compiling a joint list of global tax havensThe European Union on Wednesday urged members states to make urgent work of a new, joint list of global tax havens in the wake of the so-called Panama Papers scandal. European Economic Affairs Commissioner Pierre Moscovici said the bloc’s 28 countries needed to agree on joint criteria for compiling such a list, seen as a key tool in the crackdown on tax cheats. “Member states need to show an unequivocal commitment to moving forward with a new EU listing process… to fight tax evasion,” he told reporters in Brussels.

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