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Today European Finance Ministers agreed their common position for the United Nations COP 19

Following the Paradise Papers revelations, the European Parliament decided today to establish a new special committee on tax fraud, tax evasion, money laundering, tax avoidance and aggressive tax planning. 

The EU has whitewashed two of the world’s most harmful tax havens in today's review of the its tax haven list, says Oxfam.

A new era of high and volatile food prices is causing life-changing shifts in society, according to Oxfam and the Institute of Development Studies (IDS) in a joint report published today.

Wealthy nations representing just 13 percent of the world’s population have already cornered more than half (51 percent) of the promised doses of leading COVID-19 vaccine candidates, Oxfam warned today as the health and finance ministers of G20 countries meet to discuss the global pandemic. 

Wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing pledge to mobilize $100 billion each year from 2020 to 2025 to help the most vulnerable countries adapt to the dangerous effects of climate change and reduce their emissions, according to estimates by Oxfam today.

EU finance ministers have decided today to remove eight countries from the EU’s blacklist for tax havens, rushing to take countries off the blacklist without it being clear what they have actually committed to improve.

The European Union, which holds eight seats out of twenty four on the International Monetary Fund (IMF) board, has made an offer to rotate some of their IMF board seats with middle-income countries

EU finance ministers today discussed the future "EU blacklist" for tax havens. The proposal says that a 0% tax rate will only be seen as an "indicator" that a particular country or a tax jurisdiction should be screened - but that further analysis will be required before they end up on any blacklist.In reaction, Oxfam’s EU tax expert Aurore Chardonnet said:“It's welcome that the EU now accepts that a 0% tax rate is potentially harmful, but it is more serious than simply being an ‘indicator’ that warrants investigation. A 0% tax…

European aid to poor countries is stalling two years ahead of the UN Millennium Development Goals deadline, with aid cut or stagnant in 19 member states, reveals the new Concord AidWatch report.