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EU Financial Transaction Tax to Become a Flop?

Published: November 27, 2013; 11:19 · (Vindobona)

Experts do not expect the financial transaction tax to become effective next year.

EU Financial Transaction Tax to Become a Flop? / Picture: © Flickr

According to insiders of the European Union, the planned financial transaction tax will not be included in next year’s EU budget. “The situation is not promising,” a high-ranking EU official announced pointing out that the tax would have not only been included in the EU budget but also in the respective national budget.

However, according to surveys, the financial…

This article includes a total of 217 words.

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