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Fekter Promotes Financial Transaction Tax

Published: October 1, 2012; 20:56 · (Vindobona)

The Austrian Minister of Finance wrote a letter to the EU Commission. She argues that a financial transaction tax would be economically reasonable.

Fekter Promotes Financial Transaction Tax / Picture: © Flickr

Fekter underlines that Austria is ready to introduce a financial transaction tax. Last week, her French counterpart Pierre Moscovici and her German counterpart Wolfgang Schäuble called for the introduction of a financial transaction tax.

“The financial transaction tax would be an important contribution of the financial sector to manage the burden of the crisis.” Fekter…

This article includes a total of 221 words.

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