Now it looks as if they'll precipitate it.
From the BBC:
Commentary by Martha and the Vandellas:Luxembourg would consider greater transparency of its banking sector to help curb tax evasion, the finance minister has told a German newspaper.In an interview published on Sunday, Luc Frieden said he wanted to "strengthen co-operation with foreign tax authorities".
Luxembourg is known for its highly secretive banking sector.
Germany is among the countries who say it is being used by foreign customers as a tax haven.
Speaking to Germany's Frankfurter Allgemeine Sonntagszeitung newspaper, Mr Frieden acknowledged that other countries were increasingly demanding more information on what their citizens were doing with their money in foreign banks....MORE
