Critics say EU tax haven blacklist has no credibility

The number of jurisdictions on the European Union's tax haven blacklist has increased from 5 to 15.

Saudi Arabia EU tax credits

Jerome Hughes
PressTV, Brussels

The number of jurisdictions on the European Union's tax haven blacklist has increased from 5 to 15. Campaigners, however, say the process lacks credibility. Meanwhile, the European Commission is criticizing EU countries for rejecting its proposal to include Saudi Arabia on a list of countries suspected of sponsoring terrorism. Press TV's Jerome Hughes reports from Brussels.