EU Commission

Switzerland-EU agreement may appear a big question

It is politically impossible for neutral Switzerland to sign in the foreseeable future a new treaty binding it closer to the European Union despite pressure from Brussels, Finance Minister Ueli Maurer said in a newspaper interview.

Maurer told the Neue Zürcher Zeitung newspaper on Friday that he didn’t think a new EU framework treaty was possible soon. “If we try it nonetheless, both sides will be under pressure and this will not lead to good negotiating results,” he said.

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Tax haven: EU removed eight countries from blacklist

The Council of the European Union announced Tuesday that the EU has amended its blacklist of jurisdictions that it deems uncooperative in tax matters, removing eight jurisdictions from that list.

EU finance ministers removed eight ‘entities’ – countries and territories – from the tax havens blacklist, while ruling out more transparency or sanctions.

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