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France’s Hollande Wants To ‘Eradicate’ Tax Havens

French leader Francois Hollande has promised to "eradicate" tax havens in the EU and in the wider world, after his approval rating fell to 26 percent following a tax evasion scandal.

Speaking on national TV on Wednesday (10 April), he said the "sad" Cahuzac affair has "altered the image of the [French] Republic, of our country and of our political life."

Jerome Cahuzac, his former budget minister, is currently changing where he sleeps every two days in a bid to avoid the French press pack after it came out in March he hid €600,000 in a secret account in Switzerland

Source: EU Observer. Read full article. (link)

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