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Financial Transaction Tax to be Introduced

Published: October 9, 2012; 19:38 · (Vindobona)

Now, the financial transaction tax has enough supporters. After months of negotiations, eleven EU member countries finally agreed on introducing a financial transaction tax.

Financial Transaction Tax to be Introduced / Picture: © Flickr

Today, the France and Germany could gain support of Spain and Italy. Seven countries already submitted an application to the Commission of the EU. Besides France, Germand and Austria, Portugal, Greece, Belgium and Slovenia call for an introduction of the tax. Moreover, Spain, Italy, Slovakia and Estonia already expressed their support. According to the Commissioner Algirdas Semeta,…

This article includes a total of 440 words.

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