The Swiss government has reacted angrily to suggestions by the German finance minister that Switzerland ought to be put on a blacklist of tax havens.
During a meeting of European finance ministers in Paris, Peer Steinbrueck said Switzerland was helping German citizens to commit tax evasion.
He said this was depriving his own government of much-needed cash.
The Swiss foreign minister has summoned Germany's ambassador to Bern to explain his government's stance. More...
See also:
- Switzerland: top bankers bonus payouts come under fire...
- UBS and Credit Suisse bailed out by the State...
- U.S. super-rich and Swiss bank UBS in murky waters...
- The end of Swiss banking secrecy?
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