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Luxembourg faces 'challenge' to lose tax haven reputation, Bettel says
Country not on EU blacklist of 17 'non-cooperative tax jurisdictions.'
Luxembourg Prime Minister Xavier Bettel said it will be a "challenge" for his nation to shake its image as a tax haven.
The country avoided being named on a list 17 "non-cooperative tax jurisdictions" issued by the European Commission on December 5. Among the countries named were Barbados, Grenada and Guam.
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