"Mr Rutte said he expects proposals to tax financial transaction tax will be high on the agenda of the G20 summit due to be held in France on 3 and 4 November. But he also called for âextreme reluctanceâ to introduce the tax if other countries did not go along."
This is interesting that Mr. Rutte says that the ftt will be high on the agenda of the G20 summit in France on November 3rd and 4th. From what I read the ftt didn't even make the communique for the fin min G20 meetings that just took place. There was also some indication that the ftt probably wouldn't be discussed at the G20 level until next year when Mexico takes over the Presidency of the G20.
Not sure what all this means but I guess we'll see what happens in France in November. If the fin min's didn't embrace it last week then I don't see it gaining any traction at the upcoming G20.
-Guru
This is interesting that Mr. Rutte says that the ftt will be high on the agenda of the G20 summit in France on November 3rd and 4th. From what I read the ftt didn't even make the communique for the fin min G20 meetings that just took place. There was also some indication that the ftt probably wouldn't be discussed at the G20 level until next year when Mexico takes over the Presidency of the G20.
Not sure what all this means but I guess we'll see what happens in France in November. If the fin min's didn't embrace it last week then I don't see it gaining any traction at the upcoming G20.
-Guru
