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    Austria joins EU talks to crack down on bank secrecy

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    euronews (in English)

    by euronews (in English)

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    The Austrian government has decided to join Luxembourg for talks with the European Union on softening its stance on coveted bank secrecy.

    Announcing the measures, Austria's Chancellor Werner Fayman said to be able to act more quickly and efficiently, more action is needed to fight tax havens and tax fraud.

    Faymann, a Social Democrat, stressed that Austrians'...
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