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Fekter Promotes Financial Transaction Tax

Published: June 23, 2012; 14:04 · (Vindobona)

There was no agreement on a common financial transaction tax in all EU member states. Austria´s Finance Minister Fekter wants to introduce the tax in a group of countries instead.

Fekter Promotes Financial Transaction Tax / Picture: © ÖVP Bundespartei / Jacob Glaser

Fekter does not want to wait any longer for the financial transaction tax. Above all, Germany, France and Austria push for a common financial transaction tax. Also Belgium, Spain, Finland, Greece, Italy and Portugal seem to favor the tax.

As the UK, Sweden and the Czech Republic refused to introduce the tax, Fekter plans to form a „coalition of the willing“. The Ecofin…

This article includes a total of 264 words.

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