Luxembourg’s importance for the European Commission waning?

Wort.lu reports that “Luxembourg’s importance for the European Commission is waning”:

“Fears that Luxembourg could lose its place as seat of the European Commission are being stoked as strategic general directorates for different services are gradually being moved to Brussels.”

““It can never be said officially because the treaty (of Rome) states that Luxembourg is an official seat and must have institutions in the country,” president of the local staff committee at the European Commission in Luxembourg Robert Klar told wort.lu.

However, Mr Klar suggests that, unofficially, the treaty has been infringed with Luxembourg headquarters being dismantled and relocated to Brussels.”

The full article is here. If this also means that Luxembourg is losing influence in Europe, it can only be good news for tax transparency. Please see the Tax Justice Network blog for more details on how Luxembourg, together with Austria and Switzerland,  has tried to block attempts to tackle tax evasion such as the European Union Savings Tax Directive.

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