Does anyone feel sorry for the Prince, when his little enclave has been shown to harbour criminals? Make no mistake, tax dodgers are criminals!
Onésimo Alvarez-Moro
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Pressure grew on Liechtenstein on Tuesday to ease its bank secrecy rules in the wake of a German tax scandal centred on the Alpine tax haven.
The Organisation for Economic Co-operation and Development in Europe, which co-ordinates global efforts to reduce tax haven secrecy, added its voice to calls by Angela Merkel, German chancellor, and the European Union for greater financial transparency.
Angel Gurria, the secretary general of the OECD, said Liechtenstein’s secrecy rules were a “relic of a different time”.
He was speaking on the eve of a visit on Wednesday to Berlin by Otmar Hasler, Liechtenstein’s prime minister, who is due to meet Ms Merkel for talks that have been overshadowed by tension over Germany’s foreign intelligence agency activities in the principality.
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