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The EU will Publish a Black List of Offshore Countries by the End of Next Year

Рен ТВ

The EU is working on a system of monitoring and regulating "financial intermediaries", News.am reports.

European Commissioner for Economic and Financial Affairs Pierre Moscovici informed that by the end of next year they will submit a list of offshore countries, where companies and individuals conduct financial activities and avoid national taxation.

At the moment 90 countries are being monitored, and if they do not want to be listed, they must accept all rules established by the EU.

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