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▶youtube WorldEU Politics first seen 15 h ago, last 57 min ago, peak #2

Panama removed from EU tax blacklist under Mulino

Original: Mulino confirms his administration's achievement: Panama removed from the European Union's tax bl...

Panama has been removed from the European Union's list of tax havens, an outcome President José Raúl Mulino presented as an achievement of his administration. The announcement came from the Panamanian presidency and is being widely shared and celebrated in Panama. The delisting lifts a reputational and financial burden that had dogged the country since it was first blacklisted, easing concerns for banks, investors and international business tied to Panama.

Why now: The EU's decision lifts a long-standing stigma on Panama's financial sector and is framed as a major diplomatic win for Mulino's government.

PanamaJosé Raúl MulinoEuropean Union

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