Secret banking: Are the Swiss ready to change?

Économie, Monde

Secret bancaire: la Suisse est-elle prête à changer ?

L’Union européenne consacre l’un de ses “sommets”, mercredi, à la lutte contre l’évasion fiscale. L’occasion de faire le point sur l’attitude de la Suisse en la matière. Selon les différentes estimations, les grandes fortunes françaises dissimuleraient dans les coffre-forts helvétiques de 50 à 100 milliards d’euros d’avoirs non déclarés et échappant donc au fisc. Mais ce secret bancaire est désormais sur la sellette. Les pressions internationales se font de plus en plus fortes, et notamment côté français depuis les révélations de l’affaire Cahuzac.

Traduction/translation par/by Bill Nelson. (Opinion in italics)

The European Union will convene a summit meeting on Wednesday on the battle against tax evasion. The occasion will seek the attitude of the Swiss on the matter. According to diverse estimations, huge French fortunes, held in the Swiss vaults amount between 50 and 100 billion euros, which are non declared and escaping taxation. But secret banking remains on the carpet. International pressure is building, notably from France since the revelations of the Cahuzac affair. (Secret Swiss bank accounts held by Jerome Cahuzac, former PS minister in the Hollande government)

About bill

Worked in the technical / engineering area as a Science Laboratory Technician and as an Aeronautics Engineer. The artistic side involves writing under the nom de plume of Billy Olsenn, his recently written play 'A Case of Wine' was staged by the players group Straight Make-Up at the 2012 Birr one act drama festival. It's next staging was in the one act circuit is in Cavan, at Maudebawn on Sat 10 Nov 2012. Then it was performed in the Bray, Co.Wicklow at the very popular one act festival in January 2013. Next play is FEAR. A dark tale about revenge on the cruel death of two pensioners by young thugs. Neighbours hatch a devious and dangerous plan to exact old-style revenge. Bill is a member of the Drama League of Ireland and his plays have been critically vetted and certified as original pieces of work by the DLI. Another literary project is that of commemoration of an aircraft crash on Djouce mountain in Wicklow in 1946. Bill wrote articles for the 50th, 60th and most recently the 70th anniversary, (12 Aug 2016) all were published in the Wicklow Times and ensured the survivors of the crash, all French Girl Guides, were not forgotten. Articles reproduced on this website. But mostly this site gives a more general European and specific French slant on popular and not so popular articles of French news, translated to English by the author. Each article is translated on a paragraph by paragraph basis so easy to read in either language and even possible to improve either language by comparison of the short English and French paragraphs. Amusez vous bien. The author is currently writing an easy to read technical aviation book centered around the Fokker 50. Another interest is that dealt with in another of Bill's websites www.realnamara.net, a Statue of the mother of God, Mary. It was erected in 1972 in Dublin, at the end of the Bull Wall near Clontarf, and my grandfather William Nelson, was the main instigator of that project. I give talks on the history of the statue and my grandfather's adventurous and dangerous life at sea. Technical assistance with each website is by J O'N.
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