EU again fails to agree on new law to fight tax evasion amid resistance from tiny Luxembourg

  • by: JUERGEN BAETZ , Associated Press
  • Updated: March 11, 2014 - 4:10 PM

BRUSSELS — European Union finance ministers failed once again Tuesday to agree on a sweeping new policy to fight tax evasion because of resistance from Luxembourg, a tiny country that long has prospered from a secretive banking culture.

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