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Fantastic news...the enemy is realising defeat! More on the same news item: https://mninews.deutsche-boerse.com/index.php/germany-schaeuble-mulls-rules-high-frequency-tradesource?q=content/germany-schaeuble-mulls-rules-high-frequency-tradesource BERLIN (MNI) - German Finance Minister...

Luxembourg PM speaks out against FTT http://www.gouvernement.lu/salle_presse/actualite/2012/03-mars/15-juncker/index.html (google translation) In the presence of Finance Minister Luc Frieden, Jean-Claude Juncker and Volker Bouffier [also] discussed the taxation of financial transactions...

http://www.tax-news.com/news/EU_Divided_Over_FTT____54467.html [...]Although the special “enhanced cooperation” provision in the EU’s Lisbon Treaty would enable the nine EU member states to press ahead with the tax, Schäuble is opposed to such a move, and has already warned that this...

Highlights of Tuesday's ECOFIN meeting: <iframe width="560" height="315" src="http://www.youtube.com/embed/9Z3jSf4f1pM" frameborder="0" allowfullscreen></iframe>

ECOFIN meeting on-demand playback: http://video.consilium.europa.eu/webcast.aspx?ticket=775-979-11010

Perhaps I jumped the gun a bit here. I should have said no one called for an EZ-17 or smaller FTT but they didn't rule it out either - they just didn't mention it. But the pro FTT countries did talk about seeking common agreement with all 27 and looking at compromises and alternatives to do that.

I agree. The impetus has gone from France. Now it's just cynical posturing and electioneering

Not quite more of the same because no one's going for a EZ-17 tax or smaller anymore. It's 27 or a search for something new now. So the commission can go away and massage it's figures for a "compromise" proposal in/before June. But the UK, Sweden and others will stand firm and so the FTT...

Summary of today's ECOFIN. Just 12 countries spoke - Germany, Luxembourg, Italy, Sweden, Finland, France, Czech Republic, Austria,Poland, Malta, the Netherlands, and the U.K. The views of each country are well known already and there were no big surprises from anyone, but a few things...

Now it's working.

Sorry, faulty link. There is still no stream though after nearly 30 minutes. http://video.consilium.europa.eu/webcast.aspx?ticket=775-979-11010

Just a reminder that the ECOFIN meeting is about to start. Live stream should appear here: http://video.consilium.europa.eu/we...t=775-979-11010

An FTT in Europe is the first item on the agenda at Tuesday's ECOFIN meeting. It should therefore start from 10:00am CET tomorrow It is listed on the agenda as "Financial Transactions Tax (FTT) - State of play". There will be a live TV stream of the meeting here...

Europe’s proposed financial transaction tax would have cost the asset management industry €38bn had it been in place in 2011, destroying the entire money market fund sector in the process, according to a trade body.[...] http://www.ft.com/cms/s/0/af9082e4-5ee4-11e1-a04d-00144feabdc0.html

(google translation) MILAN (Dow Jones) - Italian Prime Minister, Mario Monti, said Monday that his government supported the idea of &#8203;&#8203;a tax on financial transactions, but at European level rather than nationally. "We are ready to support a tax on financial transactions at...

If they don't do better than that, someone in London or Zurich or anywhere else will do better than that, and take that business from them.

Finnish PM says no to eurozone FTT - again. (in French) http://www.latribune.fr/actualites/economie/union-europeenne/20120209trib000682516/pourquoi-la-finlande-ne-veut-pas-de-la-taxe-tobin.html

Investors already looking to avoid French Tobin tax http://www.thetradenews.com/print.aspx?id=7720

The demands of votes and and wallets don't always coincide.

Nine EU countries have asked the Danish Presidency to accelerate ongoing work on the proposed Financial transaction tax http://fr.reuters.com/article/frEuroRpt/idFRL5E8D76LV20120207 (google translation) PARIS, Feb. 7 (Reuters) - Nine EU countries European asked the Danish Presidency to...