On Thursday 18 October, MEPs reacted with outrage to the revelations of a consortium of 19 media sources concerning a mass-scale tax fraud, allowing European banks to avoid tax on share dividends for more than €55 billion over 15 years, with Europe struggling to bounce back from the financial crisis.
“In 2008, the State saved banks from collapse using European citizens' tax money. Since then, the banks have not only blocked legislative advances aiming to govern their practices […], but...