Navigation

German minister renews his charge

The German finance minister has again attacked Switzerland over its banking secrecy laws.

This content was published on October 27, 2008 - 21:39

Less than a week after Peer Steinbrück provoked a row with Bern by saying Switzerland should be on the blacklist of "uncooperative" tax havens, he told journalists he was "astonished" by the reaction to his words.

"No country should offer conditions which might encourage tax payers from a neighbouring state to indulge in tax evasion or tax fraud," he said.

He said Germany was simply trying to contribute to ensuring a fair system of tax competition in Europe.

"I have every respect for Swiss sovereignty, but Germany's sovereignty in tax matters must also be respected," he said.

After similar criticism levelled at Switzerland last week, the Swiss foreign ministry summoned the German ambassador to express its "surprise and discontent" at the minister's words.

Articles in this story

This article was automatically imported from our old content management system. If you see any display errors, please let us know: community-feedback@swissinfo.ch

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

Share this story

Change your password

Do you really want to delete your profile?