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[...]few in Brussels expect the FTT to be implemented as currently envisaged; privately banks are being told as much by some eurozone officials[...] [...]Special treatment for the repo market seems inevitable, either through exemptions or much lower tax rates. The dilemma in Brussels is that...

http://www.telegraph.co.uk/finance/comment/10067708/Lets-boycott-this-needless-tax-that-would-cripple-markets-and-keep-Europe-in-the-slow-lane.html

The EC-11 are in a tight spot now. Where do they go from here? There seem to be to be only three options: 1. Scrap the FTT and perhaps make a pledge to examine alternative bank taxes. The only economically credible choice but politically very damaging. Unlikely. 2. Try to thrash out a...

ECB Examines Impact of Financial Transactions Tax http://www.foxbusiness.com/news/2013/05/16/ecb-examines-impact-financial-transactions-tax/

Lael Brainard, Undersecretary for International Affairs, U.S. Department of Treasury: "We are dismayed by the extraterritorial aspects of the financial transactions tax that has been passed in France and has -- also in Italy. We're working on that. We think it's extraordinarily important that...

http://fno.no/pagefiles/42199/les%20mer/nordic%20baltic%20response%20to%20ftt.pdf

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10059424/Sir-Mervyn-King-attacks-EU-financial-transaction-tax.html ...[BoE Governor King] hinted that Europe would use delaying tactics to kick the FTT into the long grass. “I think you will see over the next month some...

Bank of England's King: I don't think it is likely to help very much and indeed the thing I find most striking is that here in Europe, I can't find anyone in the central banking community who thinks it's a good idea. He says this is partly because "the words FTT mean very different...

They've belatedly discovered that it doesn't work since then.

May 9 (Reuters) - Germany's finance minister said a controversial plan by 11 euro zone countries to introduce a financial transaction tax was not an urgent matter and it could take a long time to be finalised. "We are just beginning this discussion. It is not a major concern to be very...

Cameron renews FTT attack http://www.politicshome.com/uk/story/34694/

FTT to cost Dutch pension funds 'hundreds of millions', DNB warns http://www.ipe.com/guest/ftt-to-cost-dutch-pension-funds-hundreds-of-millions-dnb-warns_52077.php [...]During the technical discussions of the revised proposals, [the Dutch Finance Minister] vowed to demand compensation for...

The FTT’s future hinges on Germany’s election campaign http://www.efinancialnews.com/story/2013-05-06/ftt-future-hinges-on-germany-election-campaign-comment

ECB executive board member Yves Mersch [...] signalled that the financial transaction tax may come with adverse consequences for financial markets in his speech, according to a copy provided by the ECB. Some eleven European Union countries have agreed to implement the tax on trades in stocks...

(google translation) German Finance Minister Wolfgang Schaeuble does not expect a quick introduction of the controversial financial transaction tax in the majority of euro countries. "The is not so fast," Schaeuble said on Friday in Ulm. Things are complicated. He would not mind to introduce...

You're probably right. I think I'm becoming paranoid :confused:

The trouble is that once enshrined in law it becomes relatively easy to to hike up the fee to a level that is not so affordable.

FTT challenge had to come 'sooner rather than later', says UK Treasury http://www.ipe.com/guest/ftt-challenge-had-to-come-sooner-than-later-says-uk-treasury_51943.php [...] Javid pointed out that the FTT proposal had not yet been finalised, and said the Treasury still hoped the tax's final...

Europe investors attack transactions tax. http://www.ft.com/cms/s/0/411cb28c-b1aa-11e2-b324-00144feabdc0.html

http://www.politics.be/persmededelingen/35389/ [...]Belgian Finance Minister Koen Geens has said that he will be “careful” in introducing the EU’s financial transaction tax because “Belgium has a lot of banks who are trading extensively in our own debt”.