Leitl Favors EU Financial Transaction Tax

People ♦ Published: March 10, 2011; 00:37 ♦ (Vindobona)

The President of the Austrian Economic Chamber says: "The EU Parliamen has taken an important step towards EU financial transaction tax"

Leitl Favors EU Financial Transaction Tax / Picture: © Vindobona.org

WKO President Christoph Leitl welcomes the commitment of the European Parliament as an important step towards a European financial transaction tax. The Commission should now, as requested by the Parliament, create a balanced and detailed feasibility study and a comprehensive impact assessment and based on these, submit concrete proposals before the summer. "This is an important signal…