Tax evasion on agenda of May EU summit in May

The fight against tax evasion will be on the agenda of the next European Union summit in May, EU president Herman Van Rompuy said Friday.

"Every year a trillion euros are lost in tax evasion and tax avoidance" in Europe, Van Rompuy said in a video message. "I have decided to put tax evasion on the agenda of the next May 22" summit.