Ethics and governance in the European Financial centers

It is very interesting to read again all the annual speeches of Juncker before the parliament.


In particular the one he gave last year whereas the text of Levin, Coleman and Obama was known and that the Liechtenstein scandal took place. In 2008, Angel Gurria stated that "Excessive bank secrecy rules and a failure to exchange information on foreign tax evaders are relics of a different time and have no role to play in the relations between democratic societies"

In 2008, Jean-Claude Juncker

- did not speak about the problems of banking secrecy ("secret" : word missing)

- did not speak about the problems of tax evasion ("évasion" : word missing)

- did not speak about the problems of tax haven ("paradis" : word missing)

- did not speak about the abuses the offshore ("offshore" : word missing, "domiciliation" : word missing)

- did not speak about fraud ("fraud" : word missing)

-…


The former years he had spoken about these issues but definitely ignored their acuity in 2008.



In a nutshell, he did not see or did not want to see that he was up against the wind that now is blowing in his face.