Luxembourg has said it will water down its banking secrecy laws after pressure from its EU partners.<br /><br />It comes amid a Europe-wide effort to crack down on tax evasion as governments across the continent try to balance their books.<br /><br />Jean-Claude Juncker, the country's prime minister, told MPs that the time had come for a change.<br /><br />...<br />No Comment | euronews: watch the international news without commentary | http://www.euronews.net/nocomment/
