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| Wolfang Schäuble |
The German finace minister Wolfgang Schaeuble, likes the media
investigation exposing secret offshore banking and wants more EU action against
tax evasion.
In a radio interview on the German
Deutschlandfunk radio Wolfgang Schaeuble said: "I'm glad about this report, which will
increase the pressure." But getting global action against tax evasion was
"endlessly laborious" work, he added.
Germans were among those exposed in an international consortium of investigative
journalists (ICIJ) who examined secret files from over 120,000 offshore
companies and trusts.
The investigation revealed 30 years of offshore banking activity, involving
more than 170 countries and territories. Politicians, company executives and others
from around the world were exposed in the investion including Germans.
Schaeuble said there were "unbelievably complex schemes" for
avoiding taxes. "It's another question whether they are all illegal,"
adding that much of the activity was a "grey area".
He said Germany would push for the EU to improve information exchanges
about tax-evasion. "I hope the resistance to it will get weaker now,"
he said.
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