Demands for Financial Transactions Tax

People ♦ Published: January 7, 2011; 17:44 ♦ (Vindobona)

The Chairman of the Austrian Provincial Governors’ Conference, Josef Pühringer, demands the introduction of a pan-European financial transactions tax.

Demands for Financial Transactions Tax / Picture: © Wikipedia / Dein Freund der Baum

Upper Austria’s provincial Governor Pühringer, who took over the six-month presidency of the Provincial Governors' Conference, states his position for a financial transaction tax openly: "This measure is one of the most important lessons from two years of crisis. Unlimited speculation has not only caused this crisis, but has also threatened over-indebted states in the euro area and…