- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Both Merkel and Cameron want the EU to have an "ambitious offer on the table" when talks get underway with the US on trade deals later this year.

Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone

In the light of recent offshore tax evasion revelations, the German government needed more enforcement capability to pursue scofflaws.