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European parliament calls for a Europe-wide tax haven blacklist

MEPs...urged member states to step up the fight against tax havens and improve tax collection...[and] call[ed] for a pan-European blacklist of tax havens...The European Parliament also wants to make the exchange of banking information easier to improve transparency...The debate in the European parliament comes a day after UK Prime Minister David Cameron called on Britain's overseas territories to "get their house in order" over the sharing of tax information. He also told business leaders to stop avoiding paying taxes.