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Italian Finance Minister Vittorio Grilli said Monday that Italy will make a decision on whether to adopt a European tax on financial transactions, or so-called Tobin tax, Tuesday. Speaking to journalists on the sidelines of a Eurogroup meeting in Luxembourg, Grilli said the country's...

Thanks Robert Italy and Spain could well choose to stay out of EC9 but still give their consent through QMV for others to go ahead with EC9, in which case it would probably get enough votes to go through. However if Germany and France come up with a proposal that threatens other members...

For enhanced cooperation to occur a minimum of nine countries must request it and it must also be agreed by a qualified majority of the whole EU27. Qualified majority means each country is given a number of votes roughly proportionate to population size (see...

The UK and others may perhaps be more likely to consider blocking an FTT proposal which included a residence principle. The arithmetic could be quite tight in that case looking at the requirements for QMV...

AGI) Brussels, Oct 5 - Eight European countries are ready to institute a tax on financial transactions. With one more it will be possible to initiate the 'enhanced cooperation' provisions under the Treaty of Lisbon for a measure on which there is no overall agreement but the support of at least...

Portugal has joined efforts by four other nations to adopt a financial-transaction tax among a subset of European Union nations, EU spokeswoman Emer Traynor said today. The Brussels-based commission is ready to move quickly once it receives requests from four additional countries, Traynor...

Finland's stand on transaction tax postponed Yle news sources said on Friday that the government has now postponed a decision on whether or not to back a proposed EU financial transition tax. According to Yle sources, Finance Minister Jutta Urpilainen intends to inform a meeting of EU...

[UK leader of opposition] Miliband (also) pledged his support for a financial transaction tax, dubbed the Robin Hood tax, but only if it is implemented internationally. He said: “The way this Robin Hood tax is going to work is if you have it in each major financial centre. We already have a...

Having looked into it further, the article I referenced was dated October 1, but actually the exact same article had been posted elsewhere on September 11 - before the September 26 reports that said Spain had withdrawn support for an EC9 FTT along with Italy.

Spanish Financial Transactions Tax Proposed http://www.mondaq.com/x/198982/Global+FS+Tax+Newsflash+Spanish+Financial+Transactions+Tax+Proposed

[...]Italy’s representative said it would be “very important to look at other circumstances”, in what could be a hint that Germany could do more to help bring down borrowing costs for Italy and Spain. Italy signed the initial letter requesting legislative proposals be drawn up by the...

And we know where appeasement leads...

Brief summary: (EC = enhanced cooperation) Austria: No to alternative ideas. Yes to enhanced cooperation (EC) ESM would not be ratified in Austria without EC. Germany: Yes to EC. DEtails to be discussed after agreement of EC. Wants indicative vote today. France: Yes to EC. Based...

Its started now. http://video.consilium.europa.eu/webcast.aspx?ticket=775-979-11487

That's all I'm seeing too. It may not be a technical problem. If I remember correctly the March Ecofin started much later than advertised though not as much as today.

Ecofin stream (correction): http://video.consilium.europa.eu/webcast.aspx?ticket=775-979-11467

Today's Ecofin meeting will be broadcast live from 10:00am CET. http://video.consilium.europa.eu/ The FTT debate is near the end of the agenda. http://www.consilium.europa.eu/ueDocs/cms_Data/docs/pressData/en/ecofin/131095.pdf

http://europa.eu/legislation_summaries/glossary/enhanced_cooperation_en.htm "[Enhanced cooperation] may be undertaken only as a last resort, when it has been established within the Council that the objectives of such cooperation cannot be attained within a reasonable period by the Union as a...

Dutch Finance Minister: Financial Transactions Tax Very Damaging for Us http://online.wsj.com/article/BT-CO-20120621-714451.html

Danes table last compromise on EU finance tax http://www.euractiv.com/euro-finance/danes-table-compromise-eu-financ-news-513454