The EU on Tuesday removed the Bahamas, Belize, the Seychelles as well as the Turks and Caicos Islands from its blacklist of tax havens. The instrument, supposed to fight against tax evasion by multinationals and wealthy people, is regularly criticized by NGOs for its ineffectiveness.
The blacklist, updated twice a year, now includes 12 jurisdictions deemed uncooperative: American Samoa, Anguila, Antigua and Barbuda, Fiji, Guam, Palau, Panama, Russia, Samoa.