Economy
Schulz on reports of tax evasion and avoidance
European Parliament President Martin Schulz, commenting on the reports of tax evasion and avoidance said: "I have taken note of the reports and I am confident that the European Commission will check the cases with regard to potential breaches of EU law and will take all appropriate actions swiftly and if necessary.
"What worries me most is the fact that the reported practices were manifestly legally possible in some countries. This reality means that we need to urge the member states to work with us to end systematic tax evasion practices in Europe, be it in Luxemburg or any other country."
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