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Weekly Roundup: Luxembourg Drops Resistance to Automatic Data Handover, EU Blacklists Russians, and More
printLuxembourg Prime Minister Xavier Bettel confirmed Thursday that his country will no longer stand in the way of an EU plan to require member-states to automatically exchange data on bank deposits, according to the Associated Press. Approval of the bloc-wide agreement means that "banking secrecy is set to die," EU President Herman Van Rompuy said. More The European Union added 12 names to a blacklist of Russians and Ukrainians subject to asset freezes and travel bans. More The designations follow similar sanctions Thursday by the United States. As Russia suggested it may use its cooperation on Iran sanctions as a...
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