Sarkozy said 11 tax haven countries had
been identified and pointed out Switzerland
and Liechtenstein as not doing enough to end
banking secrecy.
"We don't want any more tax havens. Our
message is clear," he said.
At a summit dominated by the financial
crisis facing the eurozone, G20 members also
agreed to work on a possible increase in funds
for the International Monetary Fund and are
set to discuss the introduction of a tax on
financial transactions at a summit scheduled
for the beginning of 2012.
The French president also said conditions
were favourable for an agreement in Greece
over an IMF-EU billion-euro bailout to help
the debt laden country.
Just ahead of his speech, Athens announced
that it would not hold a referendum on the
bail-out fund. The fear of a possible Greek
departure from the eurozone had seen turmoil
on financial markets over the past week.
G20 members also agreed to work on a
possible increase in funds for the
International Monetary Fund and are set to
discuss the introduction of a tax on financial
transactions at a summit scheduled for the
beginning of 2012.
The French president also said conditions
were favourable for an agreement in Greece
over an IMF-EU billion-euro bailout to help
the debt laden country.
Just ahead of his speech, Athens announced
that it would not hold a referendum on the
bail-out fund.
The fear of a possible Greek departure from
the eurozone had seen turmoil on financial
markets over the past week.