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LuxLeacks: pressure on Juncker rises

The EPP defends the president of the EU Commission, the Social Democrats ask for clarifications – A frontal attack is coming from Bloomberg.

LuxLeacks: pressure on Juncker rises

The European Commission assures that clarity will be shed on the matter LuxLeaks on secret and evasive tax agreements between European companies and the Luxembourg Treasury. A case, that of LuxLeaks, which casts disturbing shadows on the new president of the EU Executive, Jean-Claude Juncker, for almost 20 years prime minister of the small state in central Europe.

In Brussels there is a need to defuse the case before it can explode in all its dangerousness, therefore if on the one hand it is stated that it is important to investigate the situation in Luxembourg, on the other the EPP tries to exclude Juncker from any responsibility for the matter. In addition to the group leader of the EPP in the European Parliament, Manfred weber, who explains that Juncker will be impartial, the group's vice-president also gathers around the president of the EU Commission, Antonio Tajani, specifying that Juncker has "no direct responsibility in the matter".

Even the Minister of Economy Pier Carlo Padoan he takes the side of the president of the EU Commission, stating that the revelations on the tax agreements do not jeopardize Juncker's credibility, but are rather "the result of a climate in which there is much more transparency".

Social Democrats think differently. David Sassoli, a member of the PSE and vice president of the European Parliament, believes that Juncker should "feel the obligation to clarify the matter" while his colleague Nicola Danti has asked for a commission of inquiry.

Much heavier, however, the judgment expressed by one of the most well-known international financial multi-magazines: Bloomberg, in an editorial, underlines how Juncker's appointment to the EU Commission was a mistake made by the European Parliament "eager to extend its powers".

Furthermore, according to Bloomberg, Juncker's position as head of the institution "which is investigating the tax practices he oversaw when he was prime minister is in clear conflict of interest“. On the basis of this reasoning, the financial publication believes that Juncker “would best serve the European project if he presented the resignation".

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