On Wednesday 10 March, MEPs debated with the EU Council and the Commission, the lessons to be learned from the OpenLux investigation which revealed, in early February, that Luxembourg is home to 55,000 offshore companies managing assets worth at least €6.5 trillion (see EUROPE B12653A1).
“OpenLuxpoints to problems which, by nature, have no borders. We need EU solutions”, said the EU Commissioner for Economy, Paolo Gentiloni.
The Commission services are currently working on proposals...