This week, we respond to news that vulture funds stand to make up to 1000% profit in Argentina, payments the government will have to finance through more borrowing. Plus we react to the EU Economic and Financial Affairs Council agreement on secret country by country reporting.
Also, Tax Justice Europe, a regional network of the Global Alliance for Tax Justice, met last week, and now has 52 registered members. Here are many of those members taking part in a group photo:
China resurrects important issues at G20 Finance Ministers' meeting Eurodad's Director Jesse Griffiths provides an in depth analysis of the G20 Finance Ministers’ short communiqué, which has underwhelmed many observers, despite a shift towards recognising that greater public spending or tax cuts may be necessary to stimulate the economy.