Slovenia has been among the first countries to sign a multilateral agreement on exchange of information about financial transactions and accounts, which came into force on 1 January this year. The country is also a very active participant in groups which are preparing regulations aimed at limiting tax evasion, said Finance Minister Dušan Mramor in his response to the Panama Papers.

Decanting money through tax havens and tax avoidance are problematic, argues Mramor. European finance ministers are thus preparing several directives intended to limit such practices, which may seem perfectly legal at first glance.

International pressure has also encouraged countries that operate as tax havens to participate in the exchange of information, since they are also joining the multilateral agreement.