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France's Hollande Wants To 'Eradicate' Tax Havens

Apr 11, 2013
1 min read

French leader Francois Hollande has promised to "eradicate" tax havens in the EU and in the wider world, after his approval rating fell to 26 percent following a tax evasion scandal.

Speaking on national TV on Wednesday (10 April), he said the "sad" Cahuzac affair has "altered the image of the [French] Republic, of our country and of our political life."

Jerome Cahuzac, his former budget minister, is currently changing where he sleeps every two days in a bid to avoid the French press pack after it came out in March he hid €600,000 in a secret account in Switzerland

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