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SPIEGEL ONLINE - International - Luxembourg
Bye Bye Bank Secrecy: Tax Havens Give In to EU Pressure
Bye Bye Bank Secrecy: Tax Havens Give In to EU Pressure
SPIEGEL ONLINE - International - Luxembourg 2013-07-20
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On Thursday, it was Liechtenstein and Andorra. On Friday, Austria, Luxembourg and Switzerland likewise decided to change their banking laws to allow for more cross-border cooperation. The days of European tax havens are numbered.