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The world’s largest banks have warned European finance ministers that plans to impose a Financial Transactions Tax (FTT) could deepen the Continent’s sovereign debt crisis[...]...

EXCLUSIVE: Internal documents reveal countries' concerns with FTT proposal (or when ideology meets economic reality)[...] [...]We have got our hands on the memo from the eleven countries that under "enhanced cooperation" have signed up to the tax - reported in yesterday's press summary -...

http://www.forexlive.com/blog/2013/04/23/market-flash-crash-on-fake-rumors-of-explosions-at-the-white-house/ Crazy.

Can you believe this guy? : (google translate) [Austrian] Chancellor Werner Faymann at the press conference after the Council of Ministers, the action of Great Britain against the FTT judged as "wrong signal". "Britain is trying to protect its financial sector at the expense of other...

(Reuters) - Top exchange officials opposed to a European financial transactions tax intensified their lobbying on Tuesday, warning it would push trading to other parts of the world and make it harder for companies to raise funds.[...]...

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10010245/Luxembourg-supports-Britains-legal-challenge-to-Financial-Transaction-Tax.html [...]Thomas Donohue, the chief executive of the US Chamber of Commerce, was even more forceful. “I have news for you: we will not allow the...

This German article claims that the EU Council's 6-page internal report (reported by EUObserver.com earlier today) also includes doubts about the legality of the FTT. The author believes the european FTT is dead now. (in german)...

Luxembourg will support UK challenge to bank tax - finance minister http://uk.reuters.com/article/2013/04/22/uk-banking-tax-luxembourg-fin-min-idUKBRE93L0D120130422

Dijsselbloem Says Dutch Could Still Join Transaction Tax http://www.businessweek.com/news/2013-04-20/dijsselbloem-says-dutch-could-still-join-transaction-tax

European Transaction Tax Could Cost US Funds Up to $35bn http://online.wsj.com/article/BT-CO-20130422-701684.html?mod=googlenews_wsj

EU governments get cold feet on transactions tax http://euobserver.com/economic/119882

Austrian FM wants exemptions for market makers, doubtful FTT will be introduced in 2014. (in german) http://www.kleinezeitung.at/nachrichten/politik/eu/3286930/finanztransaktionssteuer-ab-2014-fraglich.story

(ANSA) - Brussels, April 19 - Italy will veto any form of taxation on financial transactions involving government debt, Italian ambassador to the European Union Ferdinando Nelli Feroci said Friday. "Transactions on State debt must be excluded from taxable items" on which to apply the...

OpenEurope's analysis of the UK's legal challenge - http://www.openeurope.org.uk/Article/Page/en/LIVE?id=11246&page=FlashAnalysis#

..and another one: http://www.citytalk.fm/news/business/20130419-osborne-issues-legal-challenge-to-eu-bank-tax/ [...]Treasury insiders said the worry was that it could knock significant value off British pension funds and investments. They characterised the legal challenge, which may...

On the same subject: http://www.nasdaq.com/article/uk-contests-eus-proposed-financial-transactions-tax-20130419-00583#.UXGRfaIp-OU [...]The person said the U.K. had held constructive talks with the 11 countries, in particular Germany, and remained hopeful that the proposal could be altered...

Britain launches legal challenge to Financial Transaction Tax http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10006501/Britain-launches-legal-challenge-to-Financial-Transaction-Tax.html

The European Commission's proposed financial transaction tax (FTT) would have "unprecedented extraterritorial impacts," a number of trade associations have warned in a letter to the G20 finance ministers. Representatives of the Australian Financial Markets Association (AFMA), the Global...

Markets Insight: High price of ignoring EU’s tax on trades http://www.ft.com/cms/s/0/785bbe62-a680-11e2-885b-00144feabdc0.html#axzz2QiAWif4l If you hit a paywall, google for the title, and clear cookies before opening (or open in an incognito window or equivalent).

French and EU financial transaction taxation: “Grasp all, lose all”? In a context where there are debates on the new EU draft directive which was released on February 14, 2013 based on the enhanced cooperation procedure, it might be worth to consider to what extent the French model can be...