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Spindelegger Insists on Austrian Bank Secret

Published: February 10, 2014; 10:17 · (Vindobona)

On Friday the Finance Ministry confirmed to the Austrian Press Agency (APA) that there is “momentum in the field” in regard to disclosure of information about bank accounts of foreigners.

Spindelegger Insists on Austrian Bank Secret / Picture: © Flickr / The Austrian Foreign Ministry

In an interview with Austrian radio station Ö1 Finance Minister Michael Spindelegger expressed his willingness to cooperate in the exchange of information about bank accounts of foreigners to tackle international tax evasion. However, he stressed that Austrian citizens should be able to consider their bank accounts as secret. “This means that it is none of the state’s business but…

This article includes a total of 239 words.

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