Switzerland Ponders a Future of Clean Money

The end of Switzerland's famous banking secrecy seems inevitable as US and German authorities crack down on tax evaders. Many Swiss are asking themselves whether their prosperity will survive if the country abandons its status as a tax haven. But some academics argue that the importance of the banking sector has been wildly exaggerated.

• Primary Source

ESO: Background information: Swiss parliament backs tax amendment http://www.europeansources.info/record/swiss-parliament-backs-tax-amendment/

Swissinfo.ch: Specials: Rebuilding the financial sector: Spotlight on banking secrecy http://www.swissinfo.ch/eng/Specials/Rebuilding_the_financial_sector/Spotlight_on_banking_secrecy.html?cid=28255950

ESO: Background information: Mood shifts against Swiss banking secrecy http://www.europeansources.info/record/mood-shifts-against-swiss-banking-secrecy/

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