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Europe Daily Bulletin No. 10823

10 April 2013
ECONOMY - FINANCE - BUSINESS / (ae) taxation
Austria to negotiate partial end to banking secrecy

Brussels, 09/04/2013 (Agence Europe) - After hints by Luxembourg's finance minister, Luc Frieden, that his government may relax its stance on the automatic exchange of bank account information of EU passport-holders with bank accounts in Luxembourg (see EUROPE 10822), the chancellor of Austria, Werner Faymann, made similar noises, stating that Austria would negotiate the end of banking secrecy on EU residents' bank accounts in Austria. After a cabinet meeting on Tuesday 9 April, Faymann said...

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