Economy
Tax Evasion Shifts but Has Not Disappeared
The European Court of Auditors reports that EU member states do not share critical information on cyberattacks, with no capital having classified a cyber incident as a major European problem since 2016. Meanwhile, multinational companies have largely avoided traditional tax havens by shifting profits to low-tax countries, causing revenue losses for France and Germany while benefiting the United Kingdom. Additionally, new regulations will make greenwashing more difficult starting next week, requiring companies to update labels, packaging, and websites to comply with stricter transparency rules regarding sustainability claims.
Ozetta summarises; the reporting is the newsroom's