Scandal-hit Hollande vows to 'eradicate' tax havens

[dipsydoodle]

Source: France 24

Mired in a scandal over an ex-minister's secret Swiss bank account, French President Francois Hollande on Wednesday vowed to "eradicate" tax havens, increase checks on officials' finances and crack down on tax cheats.

Laying out a series of measures just over a week after his former budget minister Jerome Cahuzac was charged with tax fraud, Hollande promised "a relentless battle against the excesses of money, greed and secret finance."

The new "moralisation" drive will include measures to limit the use of tax havens by forcing banks to expose their foreign activities, Hollande told a post-cabinet press conference.

"Tax havens must be eradicated in Europe and the world," Hollande said.

Read more: http://www.france24.com/en/20130410-scandal-hit-hollande-vows-eradicate-tax-havens

[bemildred]

1. Wow, Francois has a sudden change of heart, eh?

I'll bet he just got his all cleaned up.

[Javaman]

2. "quick! hide the bodies!"

I bet a lot of that is happening right now all over Europe.