Search results

(Reuters) - Germany's government and opposition have agreed they want to introduce a transaction tax on all financial instruments if possible, according to a copy of the agreement obtained by Reuters. "Such a tax should include all financial instruments if possible, in particular shares...

Germany gets deal enabling ESM, fiscal pact votes [...]The main opposition Social Democrats' (SPD) leader Sigmar Gabriel said they had also agreed to push for a financial transaction tax in the European Union, if necessary just among member states forming a "coalition of the willing".[...]...

(Reuters) - A possible European financial transaction tax would be limited in scope and could apply to buyers of stocks, similar to a British stamp duty, a Dutch paper reported on Wednesday, citing unnamed diplomats. European finance ministers will on Friday officially scrap a financial...

France: [...]The 0.1% financial transaction tax proposed by the previous conservative government was expected to net E1.1 billion per year, but now it appears unlikely to meet the target, [Les Echos] said, citing a Finance Ministry source. A higher tax rate is being considered, but market...

Romania: European Affairs Minister Leonard Orban said Romania’s official stance on introducing a EU-level tax on financial transactions, also known as the “Robin Hood tax,” is one of support for the initiative, as long as there is agreement of member states. “There is a position of...

EU Debt Crisis: Francois Hollande unveils 120 billion euro growth pact with EU wide FTT http://www.egovmonitor.com/node/51243

Mexico rules out discussion of Tobin tax at G-20 summit http://www.habervaktim.com/english.php?id=11342

<iframe width='640' height='360' src='http://www.youtube.com/embed/AqCOw-pja7E' frameborder='0' allowfullscreen></iframe>

[...]Monti said all 27 EU nations should jointly adopt a financial transactions tax. He said that if it was applied in the 17-nation eurozone only, the transactions would be relocated elsewhere to avoid the tax. He also suggested the revenue it would generate would not justify it.[..]...

(Reuters) - Europe should implement a financial transaction tax for as many countries as possible, Italian Prime Minister Mario Monti said on Wednesday, but cautioned against setting expectations for it too high. The tax should be applied "in the European Union in a geographical configuration...

The European Commission signaled for the first time Wednesday it is ready to approve a group of countries moving ahead with a financial transactions tax which wouldn't apply across all 27 countries of the European Union, a spokeswoman said. In a briefing with reporters, Emer Traynor...

German Finance Minister Wolfgang Schaeuble said Sunday it was unlikely a European tax on financial transactions could be put in place before Germany's legislative elections, due in the fall of 2013...

(Reuters) - A media report that German Chancellor Angela Merkel is not serious about implementing a European financial transaction tax threatens to undermine an initial deal struck last week with the opposition to help win support for the EU's planned fiscal pact. Der Spiegel weekly reported...

Luxembourg PM still opposes FTT unless EU-wide including London: http://www.dradio.de/dkultur/sendungen/tacheles/1779076/ (Google translation)

(Reuters) - Germany's government and main opposition agreed the outlines of a proposal for a European financial transaction tax on Thursday, which could pave the way for parliament to approve a fiscal pact and permanent rescue scheme for the euro zone. Two lawmakers, one from Chancellor...

http://www.thelocal.de/politics/20120605-42959.html

A well written article from KPMG on the state of play of a FTT in Europe: http://www.financedublin.com/sponsors/article.php?i=19

Cameron restated his opposition just today: "On the financial transaction tax I'm very clear. We are not going to get growth in Europe or in Britain by introducing a new tax that would actually hit people as well as financial institutions so I don't think it is a sensible measure and I...

http://www.irishexaminer.com/business/ireland-already-has-a-transaction-tax-194265.html [...]Financial Services Ireland director Brendan Bruen described the whole idea of the tax as political grandstanding. "I think the recent developments in the German parliament are just political...

http://www.europarl.europa.eu/news/en/pressroom/content/20120424IPR43853/html/Financial-transaction-tax-a-wider-and-stronger-net-is-possible Later: That still doesn't tackle the cascade effect though. More hot air from the European Parliament. Even if the commission adopts the above...