Advertising Console

    Swiss banks' US tax-evasion deal on hold

    euronews (in English)

    by euronews (in English)

    1 454 views
    Switzerland's lower house of parliament has stalled progress on a tax-evasion deal with the US government.

    Washington is chasing wealthy Americans with cash in secret accounts in banks there.

    The Swiss government wants to pass a law allowing banks to sidestep the country's strict secrecy rules and disclose some account holders' details to US prosecutors.