Saturday, 07. March 2015
21. 03. 14. - 13:00
Austria after holding off on signing an EU agreement to curb tax evasion has agreed to drop their opposition to the plan, signalling a step forward in the EU fight against bank secrecy.
Along with Luxembourg, Austria had since 2008 said they were holding back support for such an agreement until similar negotiations over bank secrecy with Switzerland, a non-EU country, had also been worked out.
However today both countries gave the go ahead regardless of the Switzerland deal-breaker with Luxembourg Prime Minister Xavier Bettel saying at a briefing that it has the green light.
"We confirmed today that this is the course we want to follow," he said.
The two countries have in the past come under fire for their opposition to the accord but hints that they could relax their position were made by Austrian Finance Minister Michel Spindelegger earlier this year when said that Austria might be happy to exchange data on bank account holders with EU countries even is similar agreements have not been finalised with Switzerland and Liechtenstein.
"There is no strict conditionality regarding the finished treaties," his spokesperson said at the time. "It is important, however, that there are similar rules in all other countries promptly."
The accord, the idea for which came in the wake of the financial crisis, is seen as essential by those in the European Union to deal with bank secrecy on the continent.
(will be approved by an editor before going online)
Semmering Offers 50% Discount To Selected Heroes
The Magic Mountain Semmering will hold two Weeks of Heroes from 1st to 14th March as Panhans Holding Group says thank you to safety and well-being volunteers and professionals.
Skier Survived Almost Two Hours Buried Alive
A skier had a miracle escape after being buried under two metres of snow for nearly two hours during an avalanche in Austria, it was revealed last night.
Puppies Found Stuffed Inside Suitcase In Back Of Van
A litter of puppies destined for a dog farm was rescued after being found stuffed inside suitcases in the back of a van.
Kangaroo That Hopped It Spotted In Garden
Austrian police investigating reports of an escaped kangaroo have been given concrete proof after a local woman managed to photograph the animal in her back garden.
First Images Of Eurovision Stage
These are the first images of the design for the Eurovision Song Contest stage unveiled in the Austrian capital Vienna which is the home of last year's winner Conchita Wurst.
Russian Mafia Boss Nabbed At Vienna Railway Station
A Russian mobster wanted for a string of brutal murders was arrested in the gentile Austrian capital Vienna when commandos swooped as he went to buy a train ticket.
Teen Girls Arrested After Offering Themselves To IS Fighters
Austrian officials who recently cracked down on terrorism by arresting several people believed to be recruiting and fundraising for ISIS have revealed two more teenage girls tried to leave the country to marry terrorist fighters.
Ebola's deadly reach impacts Vienna student
Austria has yet to record its first case of Ebola, but the feared virus has already had a severe impact on the lives of Africans living in Vienna.
Grigorij Sokolov Works His Magic At Vienna Konzerthaus
Whilst the world-famous Wizard of Oz played at the Volksoper, there was another Wizard in the Konzerthaus giving his 16th performance in Vienna!
Penelope Cruz To Play The Ice Cream Killer
The memoirs of the woman dubbed the Ice Cream Killer after she shot dead two ex-lovers before hacking the bodies up with a chainsaw and telling neighbours the noise was a new ice cream machine are due to be turned into a blockbuster with Penelope Cruz playing the lead role.
The most popular stories –
last 7 days
|Mayor Lifts Up Teenage Girls Skirt On Stage|
|Semmering Offers 50% Discount To Selected Heroes|
|Truck Load Of Camels Burnt Alive In Fireball Accident|
|Kids Flee When Angry Gorilla Smashes Glass Cage|
|Proud Python Mum Guards 40 Egg Babies|
Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.
Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.