EU to tackle tax evasion

French Finance Minister Michel Sapin speaks during a press conference at the IMF and World Bank Group 2016 Spring Meetings on April 16, 2016 in Washington, DC. / AFP PHOTO / MOLLY RILEY

AMSTERDAM: The European Union unveiled a raft of measures to tackle tax evasion as finance chiefs attempted to wrestle the issue back from populist groups using the Panama leaks to argue governments turn a blind eye to inequality.

The EU's economy chiefs, buffeted by anti-establishment anger from London to Madrid, showed a united front at a two-day gathering of the ministers by agreeing to work on a stepped-up regime of tax transparency and tax-haven blacklists.