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Financial Transaction Tax: Schieder Raises Pressure on EU
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Published: April 10, 2012; 18:20 ♦ (Vindobona)
Austria´s Financial State Secretary Andreas Schieder threatens to vote against higher EU contributions. To discuss about alternatives of the financial transaction tax is “too early.”
Financial Transaction Tax: Schieder Raises Pressure on EU / Picture: © Vindobona.org
Andreas Schieder (SPÖ) raises pressure on the EU. The financial transaction tax must be resolved in 2012, Schieder claims.
The Austrian government plans to realize revenues of € 500m per year by 2014. The additional tax intake is already anticipated as a part of the austerity package. Two weeks ago, Germany´s Minister of Finance Wolfgang Schäuble stated that the financial…
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