EU

EU

EU finance ministers must heed Panama Papers vote

Today the European Parliament adopted the report by its Panama Papers inquiry committee and voted in favor of recommendations aimed at stopping corporate tax avoidance across the European Union. Oxfam welcomes the Parliament's call for EU member states to adopt the reforms needed to end corporate tax abuses.

Effective EU tax haven blacklist must include at least 35 countries, Oxfam says

The upcoming EU tax haven blacklist has to include at least 35 countries, including notorious tax havens such as Switzerland and Bermuda, in order to be effective, Oxfam finds in a new report published today. The analysis also shows that at least 4 EU countries would be blacklisted if the EU were to apply its own criteria to member states.

Tax havens deprive countries and their citizens of hundreds of billions of dollars, fuelling inequality and poverty. An EU blacklist of tax havens could help tackle that scandal. This interactive map shows the 35 countries that Europe should blacklist, plus 4 EU member states that also fail the the EU's own blacklisting criteria.

How Europe can invest for good in Africa

Europe's new plan for investing in Africa will see EU development support being channelled through private companies. Here we look at what the EU must do to ensure those funds actually go to the people aid is meant to help.

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