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Mon 03 Mar 2009Swiss furious at German finance minister over tax haven remarks
RELATIONS BETWEEN Berlin and Berne have reached a new low after remarks by German finance minister Peer Steinbrück worsened an ongoing row over tax evasion and banking secrecy.
Berne’s decision to loosen bank secrecy laws in cases of suspected tax evasion prompted Mr Steinbrück to compare the Swiss to Indians scared of the US cavalry.
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