Prague - Luxembourg Prime Minister Jean-Claude Juncker on Friday blasted the inclusion of his country on an international "grey" list of tax havens as "incomprehensible."
"I think that the treatment given to some countries is a bit incomprehensible," Juncker told journalists as he arrived to chair a meeting of eurozone finance ministers in Prague.
After G20 leaders agreed to crack down on tax havens on Thursday in London, the Organisation for Economic Cooperation and Development published a list of countries that still needed to implement internationally agreed tax standards.
While Luxembourg and fellow EU countries Belgium and Austria figured on that list, they escaped being put on a list of countries that had not even agreed to international tax standards.
The three countries are the only three EU members that have bank secrecy laws on their books, which they have agreed to ease after coming under fierce pressure from other European countries ahead of the G20 summit.